Some commodity analysts say that is when the full impact of the higher energy costs will be felt.
He looked like a stockbroker in the making, maybe a commodities analyst.
The price of crude oil is now $29.20 a barrel and headed to $30 or more, many commodity analysts say.
Willoughby had made eighty thousand dollars a year as a commodities analyst, according to Smith's information.
Until then, commodity analysts predicted, surpluses will continue to depress the corn market.
"Needed: One average public relations agency, radioactive waste, construction crews, commodities analysts -and six months of life."
Although crude oil prices have been on a long upswing, commodities analysts said they expected the prices to meet considerable resistance at current levels.
However, commodity analysts cautioned that the gains were not likely to hold unless a more significant threat develops to the flow of oil through the Gulf.
Nonetheless, commodity analysts and economists say that if the agricultural damage does not grow worse, food prices are not likely to be significantly affected.