Moderate Losses For Grains March 18, 2022

Light losses were noted for soybeans this week, May fell 9 3/4 and November 24 1/4. Pressure from the energy side, and May soyoil posting its lowest close since 2/25, was an issue. May soybeans still cannot post a close over the psychologically important 1700 mark. There are still a lot of unknowns ahead with energy prices, Ukraine planting numbers, world fertilizer, US summer weather and others.

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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.