Looks like a trip to the grocery store will be a more expensive endeavor in the near future as Beef, Hogs, Coffee, Grains and Milk are rapidly moving higher as of the start of this year.
Blame it on the weather? Who did not make it to the grocery store when the weather was bad? Skip eating?
Either way, future trips to the grocery store could cost a good deal more.
I shared with members the chart below the first week of this year. I shared that if you believed in the "Buy Low and Sell Higher" approach, this should be the area to start buying.
The Power of the Pattern continues to suggest large opportunities (Both Long & Short side) remain in the commodities complex.