Wheat
It is interesting to note that US farm prices for wheat are now at their lowest levels since the USDA began keeping records in 1908. Prices are about 1/4 of what they were in the Great Depression from 1931-1933, about 1/10th what they were in the 1950s, and less than 1/30th of their all time highs, set in 1919.
US Wheat, monthly farm prices, in gold grams per bushel, since 1910:
US Wheat, farm prices, in gold grams per bushel, monthly since 1980:
US Wheat closeup, 2005 to present:
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Comments on Wheat
This service is by far the most interestng investment tool that i have seen for a long time and beats all these fairy tales I am receiving every day,those self praising cv's published by all these so called analysts who should be hired by the largest investment groups of this world if half what they pretend to achieve would be real.The way the dollar is being managed could only be conducive to a monetary crisis of colossal proportions(hence gold will regain its role of being the only general yardstick)and currencies well covered by real assets(gold for ex or mineral ressources)will be able to protect their holders more than production or employement biased statistics.Great tool you are publishing J.A.Cramer P.S.please extend your charts to ex USA ASSETS,CURRENCIES AND economics figures.Thank you.
The wheat chart is gone! There is no image.
Sorry, Dewaine. The charting service providing several of the site's charts, including wheat, has undergone changes and I will be working to get those charts back online soon. Thanks for your patience.
Charles
What a great site! Your friends at Agora put me on to it.
A couple of comments. Crude Oil is the most traded commodity in the world. You have that one charted, but you are missing #2. That is coffee. I cannot help you with the data for coffee but it should be findable. I am in the rubber business and I send the price of rubber on the first day of January every year to my customers. Sorry I do not keep records on a more frequent basis. Rubber has to be in the top ten most traded commodities and you might be able to find prices for either of these benchmark grades on a monthly basis RSS3, TSR 20, going back some years.
regards Ian
one thing that effects ALL of these charts would be data on the actual gold supply. I'm guessing the aggregate storehouse of worldwide gold must be pretty darn constant though, despite current mining?