“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: http://www.economist.com/markets/indicators/displaystory.cfm?story_id=9412071&CFID=8960712&CFTOKEN=66230367
“The coffee market is extremely underpriced right now,” remarked Kevin Kerr – Agora Financial (www.agorafinancial.com). “Look for coffee, cocca and sugar to climb.”
Maybe it’s time to pickup another coffee contract…
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