Saturday, January 28, 2012
Wheat Price up 6% so Far in 2012 - Wheat Farmland Investments Should Benefit
Very positive news on wheat prices. So far, wheat is up 6% in 2012. Furthermore, we came across this facinating prediction from Saxo Bank, saying that wheat prices could double in 2012. This is part of a section Saxo Bank has called "Outrageous Predictions", which are events that would be unlikely but significant. Still, even though this prediction is indeed unlikely to come to pass, wheat is clearly poised for a strong year, and farmland investments in this sector will do very well. As we have a farmland investment in Australia as well as a farmland investment in Europe that both focus on wheat farming, the performance of wheat so far is indeed very heartening.