Afternoon Commodities Report from Allendale for August 16, 2012

Posted on August 16, 2012

Potash Corp shut down its lanigan potash mine to cut inventory levels, which remain above the 5 year avg despite falling in July. I wrote a short post about fertilizer inventory levels yesterday that you can read by clicking the link below the Allendale video.

Closing Prices (per bushel unless otherwise stated)

Contract Commodity Last Change
Dec 2012 Corn $8.0775 +0.0375
Dec 2012 Wheat $8.8225 +0.1600
Nov 2012 Soybeans $16.2550 -0.0900
Aug 2012 Soybean Oil (Metric Ton) $53.0500 -0.0200
Aug 2012 Soybean Meal (Metric Ton) $516.5000 -3.5000

Afternoon Commodities Report from Allendale

Most Recent Articles Published Exclusively at Seeking Alpha

Recent Blog Posts At The Mays Report