Energy markets temporarily support oilseeds October 5, 2021

Oilseeds were the talk of the grain complex today. Soybeans and soymeal started off with an early push to new lows for this long term downtrend. Soybeans, led by soyoil, posted a strong rebound into the close based on outside market support. It's likely a little profit taking was noted as well. Long term soybean fundamentals remain quite negative.

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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.