Hard Economic Realities of Soft Commodities Price Increase
The Bath Chronicle › July 11, 2007
Linked as:
The Bath Chronicle › July 11, 2007
Linked as:Summary
There has been much publicity in recent months about the rise in price of "hard" commodities, such as metals and mining stocks.
Less attention has been paid to "soft" commodities, such as wheat, sugar and other foodstuffs that are also traded in bulk on world markets. Yet these prices have also risen sharply, and there are sound structural reasons why this is likely to continue in future.See the full content of this document
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Hard Economic Realities of Soft Commodities Price Increase
Ethanol Substitution and Climate Change
The two main factors driving this are the fall in agricultural yields due to climate change, and the production of ethanol on l...See the full content of this document
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