Which farm supply stocks have the best futures prices?
Farm supply stocks are at the top of the list, but they’re not the only ones.
The other categories are often more undervalued.
Farm production in Australia is often down in the first half of the year, and in the second, with the end of the summer, the value of agricultural products will often be down.
We’re also seeing an increasing number of commodity-based crops being shipped off the ground.
For some, it’s a good sign for the Australian economy that we’re beginning to get the farm price bubble, says Andrew Kiely, a commodity strategist with IHS Global Insight.
“But it will be a while before we see a significant rebound in commodity prices.”
The biggest problem for farmers is the high costs of growing and shipping food, and it will likely take some time for farmers to recover from that, he says.
“There’s a huge amount of uncertainty around what’s going to happen in the short to medium term.”