Thursday, April 29, 2010
Tuesday, April 27, 2010
John Deere Opens Factory in $500M Russian Initiative
Wednesday, April 14, 2010
Is Farmland the Trade of the Century?
Friday, July 17th, 2009
Follow the Smart Money
Wednesday, April 7, 2010
Biofuel refineries in the US have set fresh records for grain use every month since May. Almost a third of the US corn harvest will be diverted into ethanol for motors this year, or 12pc of the global crop.
Jim Rogers: Agricultural Commodity Prices Set to “Go Through the Roof”
Buying distressed commodities is a better way to make money than investing in stocks, billionaire investor Jim Rogers told CNBC Friday.
“The fundamentals [for agriculture] have gotten better,” Rogers said. “The inventories are now at the lowest they’ve been in decades, not in years.”
“Sometimes in the next few years we’re going to have very serious shortages of food everywhere in the world and prices are going to go through the roof.”
According to Rogers, the problems of the world are not yet behind us ; which is why he believes that commodities are likely to win in both the optimistic and the pessimistic scenario. If the world economy gets better, commodities prices will rise as a result of increased demand caused by shortages, while if the world economy continues to remain weak, central banks will keep printing money and commodities will be used as a hedge against inflation, Rogers explained.
When asked about other commodities, Rogers said he is holding on to oil and he is also holding on to gold, adding “If you want to buy precious metals I’d rather buy silver and palladium, just because they’re cheaper.”
Sunday, April 4, 2010
Spring Harvest of Debt for Parched Farms in Southern China
Published: April 4, 2010
The New York Times
Friday, April 2, 2010
Betting the farm
As world population expands, the demand for arable land should soar. At least that's what George Soros, Lord Rothschild, and other investors believe.
Warner is just one of many financiers around the world making that same bet. Over the past few years hedge fund gurus like George Soros, investment powerhouses like BlackRock, and retirement plan giants like TIAA-CREF have begun to plow money into farmland - everywhere from the Midwest to Ukraine to Brazil. Canadian private equity firm AgCapita, which raised $18 million in 2008 to invest in Saskatchewan cropland, estimates that as of the first quarter of 2009, more than $2 billion of private equity money had been raised for farmland investments globally, and another $500 million was planned.