By SIMON CONSTABLE
The scorching-hot wheat market looks set for a cool-down. A combination of drought, war, and a wheat export ban in India has sent prices for the grain sky high. But they might now be reaching the end of what has been an epic rally, experts say.
“The market is so overbought right now,” says Jim Roemer, agricultural expert and author of the Weather Wealth newsletter. “The market squeeze should begin to end in June or July.” Read more here.
By SIMON CONSTABLE
The world changed in the autumn of 2021. It happened when many of the great and the good flocked to Glasgow for the COP26 climate summit. At those meetings, global political leaders and climate activists made pledges to do what was necessary to ensure environmentally sustainable economic growth. In other words, going ‘green’ had officially gone mainstream in a big way.
It wasn't just politicians and activists. Investors who had once evaluated companies solely on after-tax profits have also changed. Now they want the businesses in which they invest to adopt sustainable business practices as soon as possible. It's something that CEOs and other top leaders need to understand. Eventually, the matter will have a bearing on whether companies get corporate financing or whether they don't. Read more here.
By SIMON CONSTABLE
Tofu lovers should rejoice. Prices of soybeans, the key ingredient in tofu, look set to drop this year as supply increases and demand declines. Investors should also benefit from the move.
“We’re set up for potential record yields along with record acreage,” says Shawn Hackett, president of Hackett Financial Advisors. Read more here.
