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Commodities Briefing - Categorized | Agriculture, Investment, Market Moves more

How to profit from global food demand

Posted on 04 November 2011

Kenrick JordanIn a new agricultural outlook this week, Kenrick Jordan, senior economist with BMO Capital Markets, forecasts essentially flat growth for 2011 of only 0.2%, with crop production slipping 1% while the relatively smaller livestock sector grows 4.5% on poor weather, higher input costs and a strong loonie.
This comes on top of an outright 1.2% decline in overall production last year. But 2012 will be a different story, says Mr. Jordan. “Next year, activity should strengthen as growing conditions improve and crop yields return to more normal levels,” he said. “The sector should continue to expand over the medium term at annual rates above the trend of the past several years.”……………………………………….Full Article: Source


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