Sunday, March 25, 2007

Will Barley Test Historic Highs(?)


I was reading the post on hedging barley for fun and profit. I thought about the statement that barley is reaching historic highs. It is right that there is no reason a price can't exceed historic highs. It also a fact that we are truly in a new age when it comes to agricultural products. Still it is prudent to note that, yes, barley is approaching historic high of $202 a ton.