I drew a chart last year that I thought was pretty smart. Its goal was to explain what was driving commodity prices up. What my chart failed to address or represent was the cost of production (fertilizer prices going through the roof) and the interest that other countries would have in our grains as the US dollar devalued. I have updated my chart to be more accurate. The red blocks indicate the additional factors.
Hello, and thanks for checking out my blog. My name is Alex Tiller and I grew up in rural Ohio (Clark County) where my family still owns farmland (corn and beans ). I am a member of the American Society of Farm Managers and Rural Appraisers and am also an agribusiness author/blogger. I write about commercial farming, family farms, organic food production, sustainable agriculture, the local food movement, alternative renewable energy, hydroponics, agribusiness, farm entrepreneurship, and farm economics and farm policy. I visit lots of farms in different areas of the country (sometimes the world) that grow all kinds of different crops and share what I learn with you through this blog.
You can contact me via email by clicking Here: Email Alex
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