Commodity Price Update. Monday October 11, 2010

Commodity prices have soared since Friday morning when the USDA released their October Crop Production report. From Friday morning to the end of the trading on Monday October 11, 2010 Corn price has climbed over 11 %, soybeans are up over 8%, and wheat is up over 7%. Price increases were being driven by the significantly lower than expected US average corn production number of 12.6 billion