![](https://cdn.socast.io/6616/sites/389/2015/04/07123853/SoybeansFkrUnitedSoybeanBd-e1541615932748.jpg)
By Blake Haas
BLOOMINGTON – Amid a war in Ukraine, commodity prices continue to send investors and farmers on a roller coaster ride.
According to Curt Kimmel, a Hedge Specialist from AgMarket.net, commodity markets are seeing volatile swings never seen before.
“Oh boy. It remains a roller coaster, highly volatile; we see daily swings that equal price moves that would happen in a year back in the day. It’s high volatility, lots of moving parts, and a lot of uncertainty in the marketplace. And that creates a lot of opportunities and a lot of risks too.”
Some uncertainty deals with summer weather patterns and inconsistent rainfall in central Illinois.
“What we’ve seen is we had a lot of enthusiasm price-wise to the upside here this last winter and spring due to the uncertainty on acres, the spring and summer weather patterns,” added Kimmel. “Then, plus this Russia- Ukrain situation, inflation, there are so many moving parts here.”
High prices include old crop corn touching $8 a bushel, while soybeans reached record levels.
Blake Haas can be reached at [email protected].