Corn and beans post new highs, ignore USDA February 9, 2022

Soybean futures choose to ignore USDA's disappointing monthly report. For the March and November contracts new contract highs were made and a new high-close posted. These are strong technical signals. South American weather ahead remains a slight problem.

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Allendale, Inc.
4506 Prime Parkway McHenry, IL 60050

1.800.2MARKET | 1.800.551.4626
Local: 815.578.6150 | Fax: 815.363.5511

service@allendale-inc.com

©2019 Allendale, Inc.
This communication is intended as a solicitation for business in the U.S. Please see our full disclaimer.
Site designed and developed by Turnkey Digital.