02 September 2012

USA / COMMODITIES: Severe Drought Means Popcorn Prices Will Pop-up.

http://www.reuters.com/article/2012/09/02/us-usa-drought-popcorn-idUSBRE88101W20120902

      For most farmers...popcorn is a secondary crop...grown on marginal land.
      But...the salty snack is a necessity in USA movie theaters...and in front of TV sets.
      Get ready to see popcorn prices surge...after the worst drought in the USA's midwest since the 50's...as popcorn acreage was decreased...to grow more profitable animal feed corn. 
      Might be a good time...to stock-up...before popcorn prices shoot-up!