Even the Council on Foreign Relations acknowledges: "Fears about wheat supplies are sparking fears that price inflation in the wheat market could lead to a food crisis akin to the one in 2008, says CFR's Laurie Garrett."
CFR on "Food Fears" Link: http://ow.ly/2n41t
Not so big news to Compass Capital clients: In January 2010, we stated in our Annual Investment Outlook: "...increasing weather volatility combined with structural decline in harvest yields provide for a continuing upwards price pressure in Agricultural Commodities. Bottom Line: increase exposure on corrections". See our Asset Allocation Sheet on Page 4ff.: http://ow.ly/2n3ZU
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