Commodity Markets

Post

Kent Bennis

2970
Delmar, Iowa

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

report

April 22, 2021

AutoComplete

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.

Sean McMahon

3465
Dallas County, Iowa
follow

04/22/21 @
10:09 PM EDT

My response

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