Some Of The Grain Arguments Changed This Week May 20, 2022

This was a winning week for soybeans. The 58 3/4 and 23 1/2 cent gain for old and new crop was better than expected. Indonesia will allow palm oil exports to some degree next week. The summer weather forecast is now less threatening. Though there is US Midwest planting it is likely there will be a minor rise in planted acreage over March intentions. The supportive point right now is US old crop sales.

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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.