biofuels not at root of food inflation, page-6

  1. 113 Posts.
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    Yellow,
    "... the bulk of the world's farmers have been marginal for profitability for nearly 40 years."

    as much as it hurts me to say, when you think it through, it will never be any different. The world will never allow itself to be held for ransom - read "excess profit" for food.
    We may have a short term win this year or next, but at the end of the day the return on risk will balance such that there is just enough in it to keep you enticed to do it.

    Have you ever calculated your ROACE - return on average capital employed, taking your current land value?

    Robo.
 
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