Superabundance and Deflation May Be New Normal for Agriculture - The 2025 deflation path indicated by gold's about 25% rise vs. crude oil's 12% decline to April 24 may gain fuel from the grains. Unless there's a Corn Belt supply surprise, I see corn, soybeans and wheat more likely to seek low-price cures toward 4, 9 and 5 a bushel along with 40-a-barrel crude. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sv9qq7dwrgg0 {BI COMD} #commodities #grains #corn #soybeans #wheat #agriculture @BBGIntelligence