Ukraine Concerns Support Grains This Week February 18, 2022

This week's trade was a positive one with the May gaining 2 1/4 cents. Friday's close was the second best of this rally. It is also just a few cents from last week's high. New crop December posted a new high for the uptrend and also the second best close. Increased concern for the Russia/Ukraine story is a current driver. The lack of long liquidation ahead of a three day weekend suggests confidence.

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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.