Cattle futures once again closed at an all-time high, and there’s a good chance that other agricultural prices will soar as well. Last month, I explained why fertilizer stocks may help you profit from this trend.
Here’s a portion of the article:
Globally, it’s even more concerning. It’s not an exaggeration to say that the world is on the brink of an agricultural crisis, driven by a substantial increase in the demand for grain over the last 20 years.
This surge is primarily due to the rise in disposable income and a shift in dietary preferences among emerging economies. As these economies grow, more people are transitioning from a starch-based diet to a protein-rich one, which in turn increases the demand for grain (animals gotta eat too!).
This trend is expected to persist throughout this decade, putting further pressure on the global food supply.
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