Cotton, Coffee, and Other Soft Commodities Keep Surging

This morning is another day where commodities seem to be making new all time highs. Cotton futures(March contract) are surging higher this morning by another $4.70 to $190.75. This is another new high for the year. Coffee for March delivery is making another new 52 week high this morning soaring by another $3.75 to $262.40. U.S. consumers better stock up on bed sheets and cotton products now before these prices show up at stores such as WalMart Stores Inc.WMT, and Target Corp.TGT. These companies have really no choice but to pass on the high inflation costs on to consumers. Traders and investors that want to trade cotton can use the iPath Dow Jones-UBS Cotton Subindex Total Return ETNBAL. Traders and investors that would like to trade coffee can use the iPath Dow Jones-UBS Coffee Subindex Total Return ETNJO. Soft commodities continue to inflate at this time and this inflation is being felt in various nations around the world. Eventually, high inflation will be felt here in the United States. Nicholas Santiago InTheMoneyStocks.com