BY DANNY LE ROY
Are Agricultural Land and Commodity Prices About to Soar?
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was asked recently about the direction of farmland and commodity prices as we enter what appears to be a major inflationary period.
Paraphrasing Yogi Berra, it is difficult to make predictions, especially about the future. What is known is that 2021 began with prices for agricultural crops approaching and hitting five-year highs across the board: wheat, oats, corn,
flax, peas, lentils, canola, soybeans, soybean oil and soybean meal. There was no new information about supply and demand conditions of any crop in any region to justify the recent run up of prices. And it's not just crop prices that are rising and reaching multi-
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It looks like it. But inflation can be confusing — and dangerous…
