USDA and outside factors pressure grains. July 12, 2022

Significant price declines were noted for corn today. Sharply lower crude oil, a moderate change to the weather forecast and slightly larger than expected USDA stocks were noted. The corn trade is concerned it may get caught up in general commodity liquidation again.

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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.