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Exploding Population and Living standards will Push Commodities Prices Higher

Discussion in 'Forex Discussions' started by mark04, Nov 4, 2009.

  1. mark04

    mark04 New Member

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    Exploding Population and Living Standards will Push Commodity Prices Higher
    We have already seen a surge in demand for commodities from developing countries, like India and China. Plus, global commodity supplies are low; the inventories for food are the lowest they have been in 50 years. Rising income levels in emerging countries and the spread of western ideologies are having an effect on food consumption. We are seeing greater consumer demand for certain foods like meat and poultry.

    The Earth's population is estimated to be about 6.77 billion, and the world's population is expected to reach 9 billion by the year 2040. The world’s masses are already demanding more vegetables, fruits, meats and dairy products. Imagine what the demand for agricultural products will be in 10 to 20 years.
    Growing global demand from population growth and a rising standard of living will push commodity prices much higher.

    Best Regards
    Mark
     
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