Over the last few weeks, we've gotten reports that drought and high temperatures are hurting the current grain crop. As a result, we're seeing price spikes across the grains complex. Corn (top chart) has moved through the 6.80 level and now has a lot of open real estate before it hits yearly highs. Soy beans (middle chart) are now at yearly highs, while wheat (bottom chart) has broken through the 7.00/7.20 level.
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The Bonddad Economic History Project
At the beginning of 2012, I decided to start looking at the actual, statistical history of the US economy starting in 1950. The reason is simple: to find out what really happened. So, when you see title of a post that begins with a year such as 1957, followed by "employment" or "Fed policy: you know what it's for. You can also access the information by typing in BE for Bonddad econ and a year to find information on a particular year.
Here is a link to pages that contain links to all the posts on the years listed.