Feeders show concern with feeding profitability. January 17, 2023

Traders were willing to test lower prices today. Fats pushed to three week lows. Feeders are now at six week lows. The feeder futures close today, about on the days's lows, was discouraging. So far, this market has now shown interest in pricing in tomorrows snows. Higher corn pricing appears to be the story in focus.

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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.