A Typical Day, Commodity Style
Let's say most people, including myself, have a cup of Joe when they wake up. Coffee prices are lower by 23% year to date.
After a couple of cups of coffee, let's get some vitamin C in our system and why not eat a bowl of Corn Flakes? FCOJ prices are lower by 23% in 2012, but well above their 2008 lows when prices were almost half the current price. Jumping over to the grains, CBOT wheat prices are higher by 23%, while corn prices have appreciated 31%. For what it is worth, I think grain prices will see further depreciation. Just maybe our cereal and loaves of bread will see price declines in the weeks/months to come....265 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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