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!).
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