Weekly Outlook: Hog prices join corn and wheat at ten-year lows
Story Date: 12/6/2016

 

Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 12/5/16


It is interesting to be an observer of agricultural price movements. However, for many producers of agricultural commodities, prices are a key driver of their financial wellbeing. Wide ranging price movements over time can vastly alter their financial conditions. It is clear that the financial impacts of price movements affect many agricultural input businesses as well.
What can happen to prices of agricultural commodities in a decade, and why look at the last decade? It is because it was 10 years ago in the fall of 2006 that agricultural commodity prices began to head upward in what can be described as a boom/moderation price cycle.

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