Grains see tough news this week. June 3, 2022

This was a tough week for corn. July fell 50 1/4 and December by 40 cents. The July confirmed a Head & Shoulders top with still-lower prices implied. News has clearly changed in this market. From the loss of the summer weather threat, the China/Brazil import deal, potential Ukraine export deal, better than expected Ukraine planting, US corn planting back to normal and poor US demand the trade is now more comfortable suggesting the top is in.

This content requires a premium subscription.

Please login to your premium subscription to view this content in its entirety.

Login


Lost your password?
Forgot your password? Reset it by clicking here.
Need an account?
Try our FREE 1 week trial, no card required.
Interested in our Free Webinar?

Sign up now! 

Post Archives

Allendale Insider

On The Go

Market Movers

Snapshots

Trader Insights

Morning Wake up Calls

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.

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.