Chris Mayer writes in Agora Financial’s Rude Awakening that the global food supply problem is more acute than ever before, as a result of the current financial crisis.
This is something we’ve been discussing here of late. Farmers cannot get basic loans for fertilizer. Forget about new capital investments. And this all happening with world inventories of the grains hovering near historic lows.
BOTTOM LINE: Pick up some agricultural commodities at these depressed prices. Ag-flation is coming – you may as well profit off it!