Higher Food Prices Bane of Farmers, Boon to Agriculture ETFs [View article]
Tim, the trade goes like this: oil price down -> demand for Ethanol down -> demand for corn down -> corn price down.
But given the inflation and limited production of grain based products in other countries, I think food price will continue to go up in the intermediate run.
Higher Food Prices Bane of Farmers, Boon to Agriculture ETFs [View article]
But given the inflation and limited production of grain based products in other countries, I think food price will continue to go up in the intermediate run.