How? And WHY?
http://www.bloomberg.com/apps/news?pid= ... refer=asia
This guy seems to think they could easily double. Would any of you recommend it? IT seems a no brainer to invest in the one thing even more important then oil. ALthough with the Amazon Rainforest being reduced to fields of Soybeans, the world may be highly oversupplied in a few years.
PeakOil is You
Buying agriculture commodities...
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Buying agriculture commodities...
by frankthetank » Mon 23 May 2005, 09:25:19
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frankthetank - Light Sweet Crude
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by Tosto » Mon 23 May 2005, 11:52:04
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')ALthough with the Amazon Rainforest being reduced to fields of Soybeans, the world may be highly oversupplied in a few years.
')ALthough with the Amazon Rainforest being reduced to fields of Soybeans, the world may be highly oversupplied in a few years.
Rainforest can not be used to grow Soybeans, Corn or Wheat. I think it is because the soil is to thin. Usualy it is burned down to get some grassland for cattle.
Actually the amount of land which is suitable for farming gets less worldwide day by day.
You need a lot of oil and electricity for modern farming, so this will push up prices.
In the last ten years wheat, corn, sugar and soybean have been getting cheaper through better fertilizer, cultures and machines. But maybe all "improvements" have been made and the prices are bottoning.
I believe that the soft commodities will have a strong bull market in the near future. But dont ask me for the exact timing.
Tosto
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Tosto - Wood
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