Drought, war, oil price, inflation (despite recession) -price up
Hello,
We have a lot of factors to push price of WHEAT to next level.
1. Drought in USA (2023). It can affected results of harvest in this year.
2. War in Ukraine and "super danger" aggressions from Russia (both economics will be damaged - for agriculture).
3. Also we are expecting that the Price of Oil (Brand) will grow up from 85$ to 115$ (November 2023). Hello, Mr. Buffett!
4. New War of FED with inflation can be additional trigger for commodities and food .
God bless your investments and your families!
We have a lot of factors to push price of WHEAT to next level.
1. Drought in USA (2023). It can affected results of harvest in this year.
2. War in Ukraine and "super danger" aggressions from Russia (both economics will be damaged - for agriculture).
3. Also we are expecting that the Price of Oil (Brand) will grow up from 85$ to 115$ (November 2023). Hello, Mr. Buffett!
4. New War of FED with inflation can be additional trigger for commodities and food .
God bless your investments and your families!