UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev Thread | Next Thread
Author: Starrob Big funky green star, 20000 posts Old School Fool Ticker Guide Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 87  
Subject: Rust in the Food Supply Date: 4/3/2009 11:42 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 2
"Food-borne illness frequently grabs headlines: tomatoes, peanut butter and, most recently, pistachios have all made people sick from salmonella and caused headaches for grocers across the United States.

Now, another food illness of sorts is popping up on the international radar screen -- only this one makes the food itself ill. Well, one of the plants that turns into much of our food, in any case. Scientists from 40 countries on six continents are fighting a virulent form of an old wheat disease that some fear could threaten 90 percent of the world's wheat crop. They aim to fight the fungus on the genetic level, hoping to prevent it from spreading to North America by replacing much of the world's wheat varieties with tougher plants.

At a conference in Mexico earlier this month, scientists confirmed that a newly emerged wheat rust strain known as Ug99 is now in most of eastern Africa and is marching toward South Asia, a region that produces 19 percent of the world's wheat. The wind-borne fungus has already devastated farms in Kenya, where some farmers have reported losses up to 80 percent. "


cont'd


http://www.popsci.com/environment/article/2009-03/rust-food-...
Print the post Back To Top
Author: jctaylorucsd Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 74 of 87
Subject: Re: Rust in the Food Supply Date: 4/5/2009 4:46 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Maybe keeping some DBA as a hedge isn't a bad idea...

-John T (holding some DBA in an IRA)

Print the post Back To Top
Author: nidoyle0 One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 75 of 87
Subject: Re: Rust in the Food Supply Date: 4/6/2009 2:03 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Agreed, DBA is a great ETF to hold, it gives approximately 25% exposure to Wheat. If you want 100% exposure another alternative is WEAT that trades on the London Stock Exchange, but is in US dollars.

It tracks the DJ-AIG Wheat Sub-Index, average volume is about 70,000 per day, information about it is here:

http://www.etfsecurities.com/csl/etfs_wheat.asp

Quotes available here:

http://www.reuters.com/finance/stocks/overview?symbol=WEAT.L...

N.

Print the post Back To Top
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev Thread | Next Thread
Advertisement