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Starbuck Manitoba Canada | Look at the chart that In555 posted. Prices took jump in 72ish and held that level until 2007, where it jumped to a new level where it will probably trade in this new range until 2040 or so. I would not rule out a spike sometime to the the new highs in the next few years.
Corn has come down to the $3.00 level several times the last 16 years, and will most likely hit those levels again. I would also not rule out a spike low below the $3.00 level to $2.25 similar to the spike low of $1.48 in the mid eighties. | |
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Corn
