Tuesday, February 2, 2010

Sudden spurt in Farm land price

There is a news item on Bloomberg by Tonny Barett " Sell the Porsche, buy a tractor and reap returns. Farmland prices that more than doubled in England in the past decade may repeat the gains.

The average price of the land surged 164 percent to a record in the last 10 years, second only to gold among “major asset classes,” on demand for food commodities, it said.

You can read the complete article by visiting the link :

http://www.bloomberg.com/apps/news?pid=20601102&sid=a.kXOr_QXJf4

Last year Commodity Legend Jim Rogers has stated "farmers are going to be driving Lamborghinies"

Jim Rogers has started farming in big way . You can read about it ;

http://www.cnbc.com/id/29477080

Back home look at some of the Rice stocks. Soft commodity stocks like Tea, Coffee, are consolidating .You can keep them on your radar.

In International market Sugar futures are trading at life time high though our sugar stocks are not doing well. But related stocks like Dhampure speciality sugars ltd , CCL Products , Karuturi Global and zydus wellness are the stocks to watch . These have niche products in the market.You can visit their website and find out more .







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