Although crop and livestock prices have been beaten down for months, brighter days appear to be on the horizon, a commodities market analyst projected last week at the Iowa Farm Bureau Federation (IFBF) annual meeting in Des Moines.

"I think the lesson to be learned here is that these markets tend to go in cycles, and I think we have bottomed out on most commodities," said Dale Durchholz, senior market analyst at AgriVisor, who spoke at a market outlook seminar at the IFBF meeting. "Generally, we’ve got positives when we look forward for all...