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China & Global Warming - affecting our food prices?
By Eamon Bermingham, Associate Director, Pegasus Financial Services Ltd
When people think of commodities they usually think of Oil or Gas or Metals such as Copper, Zinc etc the prices of which have been at or near record highs largely due to demand from China and India. These are known as hard commodities but experts are predicting that agricultural or ‘soft’ commodities Coffee, Meat, Wheat and Corn are in the early stages of a long term bull market again due to demand from China and India and shortage of supply due to adverse weather conditions (Global Warming). Continue Reading China and Global Warming