If there are any doubts about the fact that inflation greatly increased during the Biden presidency, this chart is revealing. agricultural commodities were in a long term decline until the Covid pandemic marked the low. Since late 2020, grains have been on a tear, more than doubling, based on the DBA price. Still has a long way to go on the upside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.