Commodity prices have surged recently. In the six weeks from April 20 to June 5, corn futures jumped 20.3 percent, from $3.69 to $4.44 per bushel; wheat is up 23.6 percent, from $5.04 to $6.23; coffee futures grew 20.7 percent from $1.11 to $1.34 per pound; and crude oil is up a whopping 49.2 percent from $45.88 to $68.44 per barrel. Crude-oil prices are now more than double the low of $33.98 set in February. How is this possible at the bottom of the worst recession since the 1930s?Several ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com