1 posted on
08/24/2011 6:36:09 AM PDT by
blam
To: blam
To: blam
I am sure a surge in food prices will send Obama’s polling down another 5 to 8 points. In that case I shall grin and bear it.
To: Kartographer
4 posted on
08/24/2011 6:43:59 AM PDT by
blam
To: blam
I don’t understand why the potash corp of saskatchewan would have food price exposure.
5 posted on
08/24/2011 6:51:40 AM PDT by
mamelukesabre
(Si Vis Pacem Para Bellum (If you want peace prepare for war))
To: blam
We did a road trip just after the Independence Day weekend and were shocked at the stunted corn crop is South Dakota and southern Minnesota....much of it was well under two feet tall; I'm not a farmer, but I know this isn't good.
Later, traveling down I-29 into Iowa/Nebraska we discovered that the massive spring flooding was still in full force - you could look in any direction across the "lakes" and see just the peaks of barn roofs....total devastation for an entire region.
6 posted on
08/24/2011 6:51:44 AM PDT by
ErnBatavia
(Obama Voters: Jose Baez wants YOU for his next jury pool.......)
To: blam
MOO.
No, that's not commentary, it's the ticker symbol of the Market Vectors Agribusiness ETF. It holds shares in most of the companies mentioned in the article; its largest holdings include Deere, Potash, Monsanto, Syngenta, and Mosaic.
MOO's a good way to play rising food commodity prices, in my opinion. Of course, you could buy the commodities themselves, but they are highly volatile. Safer to go with major publicly held corporations whose seed, fertilizer, and farm equipment businesses may benefit from a long-term uptrend in commodity prices.
7 posted on
08/24/2011 6:53:43 AM PDT by
southernnorthcarolina
("Better be wise by the misfortunes of others than by your own." -- Aesop)
To: blam
Keep in mind that we are converting a full 40% of our corn crop to ethanol instead of using it for food. Plus, the Texas drought is going to influence beef prices which will end up higher in a few months.
Drought Dries Up Livestock Herds In West TexasIn other words, stock up on food now! Hopefully, you have already stocked up on the items in my tagline.
10 posted on
08/24/2011 7:09:41 AM PDT by
Dr. Thorne
(Buy Gold and Guns Now!)
To: blam
Anyone still worried about their portfolio is obviously not in tune with the likely ramifications of either a win OR a loss for Obama in 2012.
11 posted on
08/24/2011 7:47:09 AM PDT by
dagogo redux
(A whiff of primitive spirits in the air, harbingers of an impending descent into the feral.)
To: blam
The answer, of course, is that we need more Ethanol. We need to burn our food!
14 posted on
08/24/2011 9:00:12 AM PDT by
Obadiah
(November 6, 2012 -- The date of the next great American Revolution!)
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