Allendale Inc.

Articles By Allendale Inc.

Feb 20, 2020

Outlook Forum Numbers in Focus

Good Morning from Allendale, Inc. with the early morning commentary for February 20, 2020. Grain markets are lower as traders await the latest in USDA numbers due out this morning. Hopes continue to increase that Chinese purchases of U.S. Ag good will be coming soon, while the "Party Line" indicates
Feb 19, 2020

China Allows Large Tariff Exemptions on U.S. Goods

Good Morning from Allendale, Inc. with the early morning commentary for February 19, 2020. Grain markets are mixed after larger-than expected production cuts in Australia’s wheat gave Chicago wheat futures a 20 cent surge yesterday. Traders will continue to see if China is ready to make purchases promised during the
Feb 18, 2020

Will China Buy from the US This Week?

Good Morning from Allendale, Inc. with the early morning commentary for February 18, 2020. Grain markets are finding support as the cases of coronavirus has declined over the weekend, Australia announced their wheat harvest is the smallest in over a decade and Brazilian truck drivers started protesting at one of
Feb 14, 2020

Markets Remain Unsettled by Virus Fears

Good Morning from Allendale, Inc. with the early morning commentary for February 14, 2020. Grain markets remain unsettled by new cases of the coronavirus amid warnings by world health leaders that that the virus is still susceptible to spread outside of China. Markets will close at their usual time today
Feb 13, 2020

Coronavirus Cases Jump Significantly

Good Morning from Allendale, Inc. with the early morning commentary for February 13, 2020. Grain markets are lower as traders attempt to discern the severity of the coronavirus (still a big unknown), while hopes of Phase 1 purchases linger in the back of their minds. China has not informed the
Feb 12, 2020

Markets Remain Stable After USDA Report

Good Morning from Allendale, Inc. with the early morning commentary for February 12, 2020. Grain markets are lower with Chicago wheat falling yet again as WASDE report numbers were recognized by the USDA to be close to trade expectations, but still showing global supplies to be ample. Now traders will
Feb 11, 2020

Traders Await WASDE Report Update

Good Morning from Allendale, Inc. with the early morning commentary for February 11, 2020. Grain markets were mixed overnight as traders await the USDA report later this morning and try to factor in what impact the Phase 1 deal might have on the numbers. The same may hold true post
Feb 10, 2020

Coronavirus Keeps Pressure on Chinese Markets

Good Morning from Allendale, Inc. with the early morning commentary for February 10, 2020. Grain markets are mostly lower though traders are watching fund short-covering with most support coming from optimism regarding additional U.S. agricultural export sales to China. Traders will be closely watching for any indications of what the
Feb 07, 2020

Phase One Commitments in Question

Good Morning from Allendale, Inc. with the early morning commentary for February 7, 2020. Grain markets continue to monitor updates on the coronavirus scare across the globe as traders look towards the next USDA Supply and Demand report and its estimates for foreign product demand in a post "Phase One"