Just been doing a little bit or research and alot of analysts have been predicting that most AG commodities have under performed compared to metals in general and that 2007 is going to be a bumper year for AG.
CORN and SOYBEANS in particular have exploded in the last few months and all indications say that because of the drought and ethanol demand, corn will reach 25 year new highs. FCOJ has also had a bit of a run in the last few weeks because of the weird weather patterns in the US, now around the $2.07 mark l think.
I know that Waynel also does a bit of trading on commodities. Anyone else do commodities??
Views on this everyone???