Are commodities stuck in down phase of super-cycle?

Are commodities stuck in down phase of super-cycle?

CoBank report says shifts in supply, not macroeconomics, determine ag commodity prices.

THE current broad decline in global commodity prices has been reported to be a direct response to adverse macroeconomic drivers.

However, a newly released report — titled "Are We in the Down Phase of a Commodity Super-Cycle?" — suggests that while these macroeconomic forces are having an effect on the price levels of many commodities, they are influencing agricultural markets to a lesser degree; instead, agricultural surpluses may be to blame for t

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