Value Investing in Agriculture, Part 2

Many people believe that higher prices are on the horizon. One view is that agriculture can be an effective hedge against the effects of inflation, while also having the potential for growth due to increasing global demand and reduced supply of agriculture.

You are encouraged to join the discussion and share your ideas!

Prior to the meeting:
1. Select a commodity you're interested in (Corn, Soybeans, Wheat, Sugar, Cotton, Coffee, Cocoa)
2. Gather expert's ideas, commentary, & research on your selected commodity (hint: use the Internet)
3. Bring the ideas you've found to share.

Here are ideas to research that are likely to put pressure on agriculture prices.

Demand

• Due to food demand growth
  
• Due to population growth
  
• New use/innovation: biofuels
  

• Slow production growth
  
• Declining R&D investment
  

• Economic growth
  
• Depreciation of U.S. dollar
  
• Rising oil prices
  
• Accumulation of petrodollars/foreign reserves
  
• Futures market/speculation
  
• Inflation
  
• Financial crisis
  

Don't worry, you won't be graded and a bibliography is not necessary!

Based on our research & discussion, we'll develop a hypothesis for successful value investing in Agriculture.

We will use the clubhouse of the Park Newport apartments in Newport Beach. We will have a laptop & internet. I will bring pizza & drinks.

Here are the directions. Once you turn into the apartment complex, make your first left and go all the way down. The Clubhouse is the building at the end that overlooks the Newport Back Bay. E-mail me through the website if you have any questions.
http://maps.google.co...