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kelt
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Currently when compare with other tea auctions tea prices in Sri-Lankan auction are fetching record tea prices. They are having all time average tea prices now. First all time tea averages recorded in September 2013 and it continued into October breaking previous high recorded in September. Though Indian tea prices have come down still tea companies can enjoy benefits due to lower Indian rupee against USD.

 

My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please do your own research prior to making any investment decisions.

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  • 4 months later...
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Guest Freyja

Story was Coffee price was going through the roof because of shortage caused of a poor season. Looks like the rains are going to save the crop and no shortage of coffee. WHEEEE.

 

I drink a lot of coffee. :biggrin:

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Thank you for your comment. Coffee prices are down. I donÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢t see cup of coffee has come down. I drink more healthy tea. Sometimes I enjoy selected quality coffee too.
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Thank you for your comment. Coffee prices are down. I donÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢t see cup of coffee has come down. I drink more healthy tea. Sometimes I enjoy selected quality coffee too.
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  • 7 years later...

There is a good article reminding all how well Agriculture is doing:

 

 

Oz Farmers Singing in the Rain

 

https://www.sharecafe.com.au/2021/09/14/oz-...ng-in-the-rain/

Thanks to another year of widespread rain and good growing weather , especially in much of WA and NSW as well as drought, storms, heavy rain and frosts in the northern hemisphere, the value of Australian farm production hit a record $73 billion. The federal government agriculture forecaster ABARES on Tuesday revealed an upgraded forecast for the coming 2021 22 year in its latest quarterly outlook.

 

This is an $8 billion (or 12%) upward revision from the outlook issued in June, the largest upgrade in a single quarter for C21 year and the first time the estimated value is forecast to top the $70 billion mark.

 

According to ABARES the upgrade is primarily due to a $5.6 billion lift in the forecast value of grains, oilseeds and pulses. This revision stems from upgrades to both the volume of production (due to favourable domestic seasonal conditions), and the prices that this production will be valued at (due to unfavourable seasonal conditions overseas), ABARES pointed out.

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I made a list of ASX stocks that have exposure to the agricultural sector:

Most are in the XSJ Consumer Staples subindex, but unfortunately that is dominated by retail:

COL, WOW, CCL, TWE etc

There are some intermediate sized ones , long established,

…. thinking NUF, RFF, WBA, AAC, GNC, ELD, BGA, RIC

 

Then you get to the small cap end, where slips are aplenty

 

BFC, CGC, SHV, FRM, and who could forget FNP.

 

Small niche: GDA, MBH, UMH

 

The milkers: A2M, BUB, SM1, DMC

 

The seafood and aquaculture ones : HUO, TGR, SFG, CSS, MCA

 

Tassie specialists: PFT, TFL

 

Also WOA and ROO... and maybe a few others in the plant based protein sector

 

And one ASX listed ETF .... FOOD (Global Agriculture Commodities Currency Hedged)

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