Export sales were better than expected this week, potentially in part due to the lower grain prices we are experiencing right now. Allendale commodity broker Greg McBride gave an update on the latest numbers.
Flash sales in particular have seen increased activity due to the lower prices.
When prices are like this, there’s a common saying- “low prices will cure low prices.” McBride said we have noticed that effect happening since the drop last week.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.