-
The normal course of grain prices over the harvest year
-
is to rise as the year progresses.
-
It has to be that way;
-
the grain is cheapest right after the harvest
-
when there's lots of grain around
-
and then the grain price goes up steadily throughout the year
-
until the new harvest comes in and then it collapses.
-
The price of grain over the year is a sawtooth pattern.
-
If there's nothing interfering with it,
-
the price of grain will tend to look like this
-
and these are the harvests.
-
The reason the price of grain is going up between harvests