Tuesday, February 1, 2011

Food Riots!

Want to know what people are in the streets rioting about food prices. Look at the futures for corn and wheat.


Corn




Making a 52 week high today and up 84% since last August.


Wheat




Not quite at the 52 week high (we made that 3 days ago) but also up close to 60%. Big bump last year on the Russian fires, but we are trading right around that price now.


No inflation, right! 

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