In alphabetical order: Almonds. Apples. Apricots. Avocados. Beans. Blackberries. Brussles Sprouts. Cantaloupes. Cherries. Cranberries. Cucumbers. And on and on through the alphabet, this is a potential $14.6 Billion dollar problem.
Knowing this, it would seemto me to be a no brainer that his issue should be reflected in the 2007 agri-commodities futures market on Wall Street; that agri-commodities futures traders would know all about this. Savvy traders would stand to reap bushels and bushels of dollars.
So I asked a trader that I know about it.
Besides foods, cotton prices would most likely be affected because honeybees are the primary pollinators of flowering cotton blooms.
Other affected primary foods would be alfalfa, corn and soybeans.
Corn especially. Think ethanol. Think biofuels. Think seed production.
Think volitility in the market.
So I went off on this tangent. It brought me right back to here.
http://www.nytimes.com/2007/02/27/bu...rssnyt&emc=rss
Take the green out of the above chart - which is not relective of the agri-problem on the whole - and this problem potentially approaches a pestilence-caused problem of Biblical proportions.
Bookmarks