Archive for September 15th, 2008
In South America, Gauchos Still Ride Tall in the Saddle — and So Can You
WashingtonPost
Even Charles Darwin was smitten by gauchos.
Notes from his 1833 expedition to South America excitedly describe a rare breed of cowboys discovered riding the open plains, “long, black hair curling down their backs . . . daggers at their waists” and weather-beaten guitars in tow.
For centuries, the itinerant gauchos roamed the South American countryside, toiling [...]
Sugar to Climb Near 24-Year High
Bloomberg.com: Latin America
No matter what happens in the global economy, sugar demand is about to top production for the first time since 2006, the year prices reached a 24-year peak.
India, the second-biggest grower, will reduce supplies 16 percent next year, shifting to more profitable crops. Brazil, the largest producer, expects to use 57 percent of [...]
India veg oil imports jump, to rise 9 pct this year
Reuters
India’s imports of vegetable oils jumped 21 percent in August from a year ago due to higher consumption in an expanding economy, and purchases in the oil year to October are seen rising 9 percent, a trade body said.
Imports ticked up from the previous month as domestic oilseed stocks were whittled away as the end [...]
Invest in what India needs to have and use: Jim Rogers
livemint.com
On agri-business
In agriculture, you invest in about anything. It has recently come down, but I expect it to much much higher over the next decade, or so.
Lots of what we consume—sugar, wheat—we are using it in fuel tanks. In my view, therefore, it is a good place to invest.
Top picks in commodities
Things like sugar and [...]
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