![]() |
|
|
|||||||
|
|
LinkBack | Thread Tools | Display Modes |
|
|
#1 (permalink) |
|
Member
Join Date: Oct 2009
Posts: 32
|
Exploding Population and Living Standards will Push Commodity Prices Higher
We have already seen a surge in demand for commodities from developing countries, like India and China. Plus, global commodity supplies are low; the inventories for food are the lowest they have been in 50 years. Rising income levels in emerging countries and the spread of western ideologies are having an effect on food consumption. We are seeing greater consumer demand for certain foods like meat and poultry. The Earth's population is estimated to be about 6.77 billion, and the world's population is expected to reach 9 billion by the year 2040. The world’s masses are already demanding more vegetables, fruits, meats and dairy products. Imagine what the demand for agricultural products will be in 10 to 20 years. Growing global demand from population growth and a rising standard of living will push commodity prices much higher. Best Regards Mark |
|
|
|
| Thread Tools | |
| Display Modes | |
|
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Banking, resources push Aussie stocks higher | TheInformant | Business News | 0 | 10-13-2009 08:17 PM |
| Dollar Outlook: Kiwi may struggle to push higher this week | TheInformant | Business News | 0 | 10-12-2009 07:24 PM |
| Rising fuel and dairy costs push up producers' prices | TheInformant | Business News | 0 | 11-19-2008 11:05 AM |
| Rocketing commodities prices begin falling back to earth | TheInformant | Business News | 0 | 08-11-2008 06:53 AM |
| US stocks tipped to push higher | TheInformant | Business News | 0 | 06-04-2007 09:07 AM |