date:Apr 01, 2014
highest since 2001, according to the USDA.
The prices look on the high side, said Donald Selkin, who helps manage about $3 billion as chief market strategist at National Securities Corp. in New York. Both corn and wheat prices are approaching levels that are not sustainable. I think well have a normal growing season.
Combined net-wagers across 18 U.S.-traded commodities more than doubled this quarter to 1.66 million contracts as of March 25, the biggest gain since September 2010, the CFTC dat