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Volatility Continues with Commodity Prices

Commodity prices on a 'roller coaster ride' as futures skyrocket but then returned below trading numbers throughout the week.

 

After jumping to an all-time high on Tuesday, Wheat dropped almost four percent on Tuesday as Russia continues to invade Ukraine. Curt Kimmel, Owner of Bates Commodities in Normal, said prices like Wheat and Corn are all over the map.

 

 

Kimmel said prices were initially bullish, but as turmoil continues, prices turned bearish. Around 16% of the world's corn crop comes out of the Black Sea region.

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