Thanks to my boy Cincotta for sending this along (pounding my chest and pointing East right now).
Increased meat consumption will mean more meat production - which means more grain consumption. Which means higher grain prices. But meat production won't be able to keep up with consumption - so that means higher meat prices too. Brings a tear to my commodity trading eye - nothing like a bull market to tug at my emotions.
Plus don't forget the Fed is doing its best to flush the dollar down the porcelain throne - so everything will increase in dollar terms anyway.
Most Popular Articles This Month
Nice simple breakdown of 3 of our favorite softs - coffee, cocoa, and sugar - by the folks at Money Morning. I did not realize the coffee ...
Our soft commodity flavor-of-the-month, cotton, has seen its near term futures surge "limit up" for the second day in the row. Wa...
The gold standard these days has been reduced to a distant memory and fantasy of hard money proponents. IF we returned to a gold standard, ...