I have to be honest and admit that I know little of investing in commodities, or investing in general. However, I read this article and thought some of our readers may be interested in the topic. It appears that many of the major commodities analysts for the big investment firms are thumbing agriculture crops as the largest gainers among the tracked commodities. Corn may be the best bet with wheat and soybeans just behind.
Strong demand for biofuels is driving the prices up, as corn is the most often used crop in ethanol production. Metals such as nickel and zinc were big performers last year, but demand is expected to drop, while corn and other crops keep strong upward momentum.
- Ethanol use must increase according to Sen. Byron Dorgan of North Dakota
- September sets another ethanol production record, sales also strong
- Corn ethanol or cellulosic ethanol? To Congress, the difference is sometimes irrelevant
- Ethanol taking a bite out of corn supplies