Agricultural commodity prices continue to rise sharply. This is the price of corn over the past several days. Other agricultural commodities are rising as well. I wonder when food prices in the stores will begin to reflect this sharp rise. Flooded farms are the cause! Much of the United States has had a very wet spring this year, and many farms are flooded. Planting is only at 30%. It is typically more than double that amount by this time in May.
This first chart is the 4 hour chart:
