Which Way Will It Go?

This could be a very interesting week in the commodities market. Harvest pricing pressure is one thing but this has been a really tough run for all farm commodities. For all you barley growers, pay attention to corns apparent fall to $4 and whether or not canola can finally find a support level that makes it want to stabilize. It can be tough to try and stay unemotional when the price of your inventory is either running up or falling down fast. When the price of a stock or commodity is running we tend to overestimate the up and downside. This is definitely a market worth watching and there is no doubt trying to predict the next move is incredibly difficult even for professionals and experts.

 

Shaun Haney

Shaun grew up on a family seed farm in Southern Alberta. Haney Farms produces, conditions and retails wheat, barley, canola and corn seed. Shaun Haney is the founder of RealAgriculture.com. @shaunhaney

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