11.01.2013 - Experts expect higher commodity prices in 2013
As much as things change, they stay the same. The agricultural industry has been dealing with price volatility for centuries, but even with modern financial market tools in play, wide fluctuations can still take place at a moment's notice. Markets suddenly gyrate to find a new equilibrium after either an external shock or a new supply-and-demand dynamic has rippled through the industry. Why does this extreme pricing behavior occur in the first place? Chris Harris, editor-in-chief for The Cattle Site, writes that there are three major reasons:..............................................Full Article: Source
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