Friday, April 2, 2010

Corn, Wheat, Soybeans, Oats Mixed

Corn, Wheat, Soybeans, Oats

With an abundant crop around the world in 2010, major agriculture prices continue to struggle to find support, and even after a bad week finished the work week before Easter weekend mixed.

Climbing for the day were wheat, oats and soybeans, while corn dropped on the day.

Even with the excessive inventory, most farmers continue to plow ahead with most crops to increase their plantings in 2010. After several years of this you would think they would learn, but they're probably getting taxpayer subsidies in relationship to the planting, otherwise it would make no sense.

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