Monday, April 4, 2011

Corn Prices match all time high set in 2008 - Gasoline and Crude keep Rising

Front month corn futures hit $7.65 this morning, matching the all time high price set back in 2008.  I keep focusing on this particular grain because its price determines to a large extent the price of beef, pork and chicken that consumer are going to end up paying at the grocery store. 

If this was not enough of a shock - gasoline prices hit a fresh 32 month high this morning.

Crude oil is over $108 while Brent is over $120.


1 comment:

  1. Hi Dan, Thanks for everything you do!! Would you mind explaining the difference between brent and crude?

    Thank you.

    ReplyDelete

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