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Commodity Prices Down the Road

As harvest comes to a close, one Central Illinois commodity broker says new leadership in the White House could be a breath of fresh air when it comes to commodity prices in the future.

 

With Bates Commodities in Normal, Curt Kimmel said that Democratic President-elect Joe Biden could pass another stimulus bill to help farmers with the help of a democratic controlled House of Representatives.

 

 

On Tuesday, agricultural commodities rallied after the U.S. Department of Agriculture projected a lower 2021 carryover of wheat, corn, and soybeans, with soybeans seeing their highest levels since early July.

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