Prices for grains other agricultural commodities will probably continue rising in 2011 as “precariously balanced” fundamentals and a La Nina phenomenon contribute to wide price swings, Rabobank analysts said.
Corn, soybeans and coffee hold the most potential upside among about 10 commodities, Rabobank Agri Commodity Markets analysts led by Luke Chandler said in a Dec. 21 report. While corn, soybean and wheat supplies appear sufficient for the time being, record crops are likely needed next year to keep inventories from tightening further.
http://www.cattlenetwork.com/Article.aspx?oid=1293601&publishdate=2010-12-22&urltitle=Grain-Prices-Heading-Higher-In-2011-On-Tight-Supplies--Rabobank-Says&tid=Archive
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