Agricultural output in 2009 is likely to take a big hit. Consumption will drop off too but not directly proportional to the likely large production drops. Ned Schmidt, Jim Rogers, Peter Schiff all on the right page. Markets belatedly coming to the inflation party. Merely guaranteeing the upticks will be more violent as consumers/import dependents move from hand to mouth to hoarding ...
Of course an absolute disaster to an already unfathomably indebted world. Smart money is watching the needs based commodity groups ready to set ...
