Stratfor: Major Drought is Threatening Argentina’s Agricultural Production for 2009

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Stratfor reports that a major drought is threatening Argentina’s agricultural crop for 2009. According to the projections of the Buenos Aires Cereals Exchange published on Jan. 16, the country’s wheat yield for 2009 will be 8.7 million metric tons, down from 16.3 million in 2008 (domestic wheat consumption in 2007 was approximately 6.7 million metric […]

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Falling Fortunes, Rising Hopes and the Price of Oil December 15, 2008 By Peter Zeihan Related Links · Mexico: Insuring Oil Exports · Canada: Oil Sands Tax Increase Related Special Topic Page · Global Energy Prices Oil prices have now dipped — albeit only briefly — below US$40 a barrel, a precipitous plunge from their […]

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Stratfor reports that the current drop in food prices is likely to be temporary, because falling prices and the credit crunch will reduce supply next growing cycle. The article confirms something we’ve been discussing here at length – the trends which originally brought about the supply/demand imbalance in the grains markets are still firmly in […]

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