Wednesday, July 25, 2007

The Economist's dollar food-index

"Led by soaring grain prices, The Economist's dollar food-index has risen to its highest level for more than a decade. Wheat prices are at an 11-year high, and stocks are forecast to fall to a 30-year low by June 2008, despite a recovery in Australia's harvest."

Read the full article:

"The coffee market is extremely underpriced right now," remarked Kevin Kerr - Agora Financial ( "Look for coffee, cocca and sugar to climb."

Maybe it's time to pickup another coffee contract...

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