Dollar Strength Weighs On Grains February 3, 2023

This week's trade could be summarized as mixed for corn. March ended the week -5 1/2 cents. It is still struggling to hold prices back into the +680 range. The recent 688 3/4 peak from 1/18 was retested but not broken this week. Officially December did win this week with a +8 3/4 cents higher trade. But that is a gain from last Friday which was near the low end of a four month long downtrend.

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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.