How about wheat, corn and rice futures?
I have no experience in trading wheat, rice or corn, but seing the news, it looks as though there has never been a more sure bet. Here's why I am bullish:
Last year about that time, China experienced massive floods, which wasted a lot of rice.
Then the prices of chemical fertilizers started rising, due to the rising energy prices.
The war in Ukraine. Ukraine is a major exporter of wheat, corn, sunfower seeds and oil, as well as chemical fertilizers.
Russia, China, India - all stopped/limited food exports.
We had a summer of historic droughts in Europe. Hunger stones appearing at the bottom of the German river Elbe (Some dude in 1616 wrote in German "If you see this - cry). The Danube, Rein, Rhona, Po - all of them drying up. Worst drought in the history of France. Massive crop failure.
Dutch farmers protesting new WEF laws, according to which they have to give away their cattle, cause cow poop allegedly causes climate change. Holland is the second largest food exporter in the world.
California drought, water regime, the Colorado river drying up. California is a major food producer, especially of vegitables. So that means a bigger caloric deficit for the world.
Droughts in China. The levels of the Yangtze river were very low, and the rice harvest was weak.
Lots of fertilizer plants in Europe closing due to super high prices of natural gas. Nitrogen fertilizer can only be made of natural gas, and neither Russia nor Ukraine are exporting any. Farmars are going broke too.
Historically terrible floods in Pakistan. 1200 killed, millions lost their homes. Hundreds of thousands of animals drowned, crops and farmland - wasted. A humanitarian crisis that just started.
So yeah...it seams the global food crisis is going to get even worse. What do you guys think?
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whqqq : What you said is reasonable. The world is facing food shortage. Maybe these food futures are a good choice.
102053805 : should we buy wheat futures again?
104078508 102053805 : WTI crude oil futures are currently OK