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Re: Reuters Brazil
Posted by Rich
on November 4, 2021, 10:55 am, in reply to "Reuters Brazil
Marco: Excellent information from a reliable source. Thanks. I believe climate change has and will continue to negatively effect crop yields worldwide. But many people do not believe that this is happening OR simply underestimate both the rate at which it is occurring and the amount of damage it is and will continue to do. So, I'll suggest that farmers will continue to sell forward a good percentage of their future crops. And therefore we will continue to see defaults. Book suggestion: "This Is The Way The World Ends" by Jeff Nesbit (strange title but an excellent examination of the effects of climate change on agricultural crops, mostly caused by droughts). Also "With Speed And Violence" by Fred Pearce is an excellent examination of the science of climate change. Why so much interest in climate change Rich? I study it because I believe it will be the greatest influencer of future prices on all crops, everywhere, for many years to come. This knowledge may be the edge I've always searched for in my trading. And the denial of change and/or the underestimation of its effects by the market will enhance my advantage if indeed I am correct.