Ok.. so I’ve been saying for years now to invest in corn futures.. My reasoning was that as global consumption of beef increases, global consumption of corn will increase (since cows eat a lot of corn) — so, corn prices will continue to rise.
So, we just hit a 10-year high for corn prices. And, I think it’ll continue to rise, because of the beef thing, and now — ethanol is taking off, so that’ll exert even more pressure on corn prices..
Damn, if only I had followed my own advice and actually put my money where my mouth is.
The future isn’t plastics, my boy, it’s in CORN.