Profit-taking noted in grains, despite positive news. January 27, 2021

March corn pushed to yet another new contract high today. This was quite a feat given the negative psychology from just three trading sessions ago. Chinese buyers picked up 2 million tonnes of old crop over two days. It must be noted that today's higher trade did not hold into the close.

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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.