29.11.2012 - Global trends support outlook for agribusiness ETFs
The recent rally in agricultural commodity markets, which has seen grain prices jump by 45.3% between 1 June and 30 August, serves as a stark reminder of the long-term global food supply/demand imbalance. For investors however, the greatest opportunities could lie among agricultural solution providers, so-called agribusiness, according to Allianz Global Investors. This summerís North American drought, the worst drought since the 1950s, has decimated fields across the US Farm Belt forcing the US Department of Agriculture (USDA) to slash corn and soybean yield estimates...............................................Full Article: Source
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