May

14

 Here is an invaluable chart listing the average cash price of the commodity received by the producers, and it's broken down into different areas. While it already tells us much of what we know, it is a very good illustration of the very broad based price increase over the past year and a half. While most people look solely at the futures prices, it is equally as important to study what the farmer gets paid, for without a firm knowledge of the trends of the cash prices, one is missing half of the equation.


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