Only a total global economic collapse would derail the long-term growth prospects for agricultural commodities, according to Eclectica's Espen Baardsen.
Baardsen, a former Premier League footballer who has managed the firm's Agricultural Futures fund since its June launch, asserts that prices of corn, wheat and soybeans still remain relatively cheap, despite inflationary pressures. He remains overweight in these commodities, citing favourable demographics, particularly in Asia, where he believes that continued urbanisation and a shift to more protein-rich diets will drive prices higher. "The more protein that you eat requires more and more grain, because virtually all the meat - chicken, pork and cattle - comes from feedlots, with animal...
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