ARE THE LONG-TERM GRAIN CYCLES TURNING HIGHER?

摘要

It sure feels a lot different in September 2018 than it did six years ago. In September 2012, corn traded at $8.40 per bushel and soybeans hit the all-time high at 117.94 per bushel. Since then, corn appears to have put in a major low in August 2016 at $3.01. The July 2018 low in soybeans at $8.10 also appears to be a major low.