What Stops Grain Price Deflation? The deflationary pressure on most agriculture commodities is underscored by a flat Bloomberg Grains Spot Index to July 25 on a one-year basis vs. the 41% gain in gold. At 835 bushels an ounce, corn is on track to set a record-high month-end ratio vs. the store of value. Full report on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/t03vmqgpqq6t {BI COMD} #corn #soybeans #wheat #gold @BBGIntelligence(Mike McGlone)