New highs again, old crop soybeans eye $15. April 21, 2021

Another day of new contract highs and a new high-close were noted for corn and soybeans. May soybean futures came within 1/4 cent of testing the psychological point of 1500. That would appear to be a minor target for the overnight session. Traders continue to discuss the new crop Chinese feed situation as well as Brazil's announcement on Monday of zero import tariffs.

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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.