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Which hedge funds are playing the weather?

Posted on 26 September 2012

Agricultural commodities can be strong in both the short and long run, and are currently being driven by a rash of bad weather. This comes at a stark contrast to the likes of base and precious metals, which are relying heavily on QE3.
Corn and soybean prices, as well as other commodities, have spiked due to a record drought, and forecasts look bleak for the remainder of the year. If the drought persists into 2013, supplies will remain strained, and prices could go even higher. The S&P GSCI Agriculture Commodity Index is up 18% year to date………………………………………..Full Article: Source


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VRS - who has written 48800 posts on Opalesque Commodities Briefing.


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