A commodity broker says several commodities besides corn and soybeans saw stronger prices in 2019. Carl Babler with Atten Babler Risk Management says, “The Bloomberg Commodity Index is one that tracks I think twenty-four different commodity prices and puts them in an index, and that index has been improving a little bit.”
Carl Babler
Babler tells Brownfield there is still a strong global supply of corn, soybeans, and wheat, but some farmers will increase plantings in oats, rice, and cotton because of recent price increases. Babler says most of his clients are leaning towards more corn in 2020.
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