Categories: Commodities and Gold

Record Cold Gives Agricultural Commodities a Mixed Forecast

Record Cold Gives Agricultural Commodities a Mixed Forecast (AgWeb)

Record low temperatures recorded around the United States Sunday and Monday have two potential vectors for moving agricultural prices. Cold temperatures will require livestock producers to more heavily feed their animals, potentially cutting into corn stocks and raising the prices of the animals. Contrarily, if the Illinois or Mississippi rivers are closed due to freezing, grain prices could fall because elevators and other grain sellers cannot move their product.

Adrienne Minor

Adrienne Minor is an editorial assistant for Eagle Financial Publications. She writes, edits and posts articles for the website, as well as edits and assists in the online distribution of Eagle’s investment newsletters, trading alerts, e-letters and other reports. Adrienne's special investing interests are in mobile technology and consumer spending.

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