Agricultural Commodities Will Keep Climbing, but Don’t Expect a Smooth Ride
The OECD and the U.N. project that during the next decade agricultural commodity prices will rise an average of 10 to 30 percent in real terms. But prices are likely to be volatile, presenting a challenge for long-term investors.
By Nick Rockel
THE COMMODITIES supercycle may be spinning its wheels, but the cost of raw foodstuffs will probably keep rising. The Organization for Economic Cooperation and Development and the United Nations Food and Agriculture Organization project that through 2021, real....