Risk-On Commodity Trade Noted March 21, 2022

Today's moderate price gains enabled May to post its third highest close. For new crop, with clear yield concerns, today's close was to a new high-close. Higher energy prices, lowered hopes with Ukraine talks and concern over Ukraine new crop planting are issues. We are also watching Brazilian corn weather, US summer weather, fertilizer 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.