AEV 0.00% 0.6¢ avenira limited

this is kind of indicative of cheap food availability i...

  1. 112 Posts.
    this is kind of indicative of cheap food availability i think.

    the world is awash with grain, prices are very ordinary (or great if you're a poor, hungry indian). why would the indian government subsidise their domestic food producers?

    what happens once food prices rise again might be interesting.

    my guess, short term bearish fert stocks, medium-long term insignificant. this move if implemented with any conviction (i have some doubts) will merely encourage food production, and fert consumption, offshore.
 
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