A World Food Shortage Is Looming, Buy Ag Stocks

Seeking Alpha ^ | May 31, 2011 | David White

[StormEye]

"Droughts in China, Russia,and you know however bad it is elsewhere it will be ten times worse in Africa. Get ready for the starving, pot-bellied, fly-encrusted children."

The world will blame America as usual. Don't be surprised.

[Zman]

Have a look at USCI instead of DBA. It addresses backwardation, which can have a negative effect on profits.

[bkopto]

For me “Ag stocks” could be interpreted as silver (Ag in the periodic table of elements), in which case I would recommend Eric Sprott’s PSLV fund - stay away from the ETF SLV, however - it is just silver paper (tongue in cheek - don’t get mad at me!)

[chainsaw]

But the U.S farmers are busy planting CORN for Ethanol.

Either way you can eat it or drink it.

[chainsaw]

Just how much corn has been planted this year, with all the wet weather? Any reports out there?

Here in Illinois they are planting 24/7 when the weather allows. They can plant a lot of corn. in a day, with a 32 row planter and GPS controls.

It’s really something to climb up into the cab and ride a couple of rounds. Once the field is defined, it’s hands off until the entire field is planted.

[chainsaw]

Good one. ROTFLMAO

[Marty62]

Yes no need for a still.

[goodnesswins]

Well...with what YOU said, then I’m looking brilliant, because I’ve been stocking up on food since November 2008...figuring this is what would happen with a commie/socialist at the helm.

[SunkenCiv]

One-half gallon of oil in the form of pesticides per bushel of corn would cost $2 to $3 per bushel. If this were true -- and it clearly isn't -- it should be enough to illustrate to literally anyone that the price of petroleum is quite literally the ONLY thing driving corn prices. And this idiotic piece of agitprop -- from a hydrogen "energy" advocacy site -- also shows the guy in the encounter suit spraying chemical fertilizer, a sight that I've never been privileged to see, what with me *growing up on a farm*. The Bum Rap on Biofuels Campaign to vilify ethanol revealed