Monday, March 7, 2011

Forget Gold - Look at Corn

Forget Gold - Look at Corn

Ok, I know the price of corn has increased by about 600 percent in recent times but that increase may just be the beginning.

The northern part of the United States - specifically the Dakotas and Minnesota - have experienced a particularly harsh winter. Snow fall is 125 to 200% more than usual, meaning that area of the north and downstream areas such as Iowa and Illinois (our main corn producing areas) are likely to experience significant flooding as part of the "spring thaw". If that happens, it could damage, if not wipe out, a significant portion of this year's corn production.

S.A. Romeo
The Strategy Expert

Note: this post does not represent investment advice.

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