Get Out of Dodge!

I need to buy more seed….much more.

This also, from: FT.com

Hedge funds and investment banks are swapping their Gucci for gumboots as they bet on rising food prices by buying farms.

Billions of dollars are flowing into farmland across the world as investors gorge themselves on vast tracts of Australia, South America and eastern Europe.

“Sell banks, buy cheese,” Crispin Odey, manager of London-based hedge fund Odey Asset Management who has started investing in farming companies, said recently.

This entry was posted on Tuesday, July 29th, 2008 at 12:23 pm and is filed under Agriculture. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.