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user picture Kent Bennis
  • 2970
  • Delmar, Iowa

Commodity Markets

  • 3
  • votes

Is this a blow off top to the commodities market? Should I be pricing  some 2022 crop?

  • Cash Marketing
  • Corn
  • Crop Marketing
  • Soybeans

response leaf 1 response

  • 2
  • votes

For this time of year, these are historically high prices. May corn at $6.50 and soybeans at $15.39 today! Yesterday's expanded CRP announcement, dry weather in Brazil, the Northern Plains, and Canada; plus the growing conflict on the Ukranian-Russia border and the Biden Administration's climate change goals announced today are all contributing to this bullish trend. My bet is that markets are up higher tomorrow morning.   

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