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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!