The US Department of Agriculture may have some usefulness. Projecting future prices isn’t one of them. In 2005, it looked five years ahead and saw a bushel of wheat selling for $3.50. Last week, the price rose to more than twice that much. The government banned wheat exports and prices shot up to their highest point in 51 years.
August 16th, 2010 | Bill Bonner | 84 comments | ContinuedAll Posts Tagged With: "water"
Water Too Cheap in US and Global Stock Markets
Water is still too cheap in America. We subsidize water and hold it to an artificially low price.
March 24th, 2010 | Chris Mayer | 0 comments | Continued
Best Investment Opportunities Emerge from Water, Agriculture, Gold and Energy
And some of those opportunities will feature a combination of these resource categories. One of the most intriguing combinations is what I call the energy-water nexus.
November 17th, 2009 | Chris Mayer | 0 comments | Continued
Price of Water Rises in China
The Chinese are water-poor. They are sucking their aquifers dry. It is particularly bad in the north of China. The groundwater under the North China Plains is draining away quickly. By some estimates, China will exhaust this water supply in the next ten years.
August 21st, 2009 | Chris Mayer | 3 comments | Continued
