Weekly Commodity Review --- Hamburger Wars Begin ---- Canola Approaching Chart Resistance --- USD Still King in Uncertain Times --- Some Commodity Market Tips

How low can fast food hamburger prices go? Don’t look now but there is some concern from fast food giants concern about the recent lack of drive-through traffic. In response, McDonalds has reintroduced the $5 meal. Burger King has also answered-the-bell matching their competition. Will A&W and Wendys join into this (what it appears to be) incoming burger price battle? Bottomline, the cure for high prices is high prices.

Let’s take a look at global commodity markets over the past week. What’s hot, what’s not . . . .Soybeans and canola continue to break higher. Will it continue? And it’s always worthy of taking a look at human emotions and their impact of commodity market price movement. Let’s review . . .. .

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