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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Frank Pembleton who wrote (15205)	7/5/2002 8:58:39 AM
From: David Zgodzinski	Respond to of 36161

Frank funny you should mention that, because two minutes after I posted I read this . . nytimes.com I don't know if a food commodity fund is practical or not, but I wonder from time to time what would happen if weather conditions ever made for shortages ( as was the case in '88 - '89) and we had real price rises in some food commodities. Despite all the farm subsidies, the government still does not control the weather. There are big companies in agribusiness, but who benefits from drought-inflicted higher prices, and who loses? It seems these companies are playing every side of the equation, like the big oil companies - producing, refining, marketing, etc. I suppose I could always short meat packers, Micky D. and Wendy. Ought to be a way to play on the long side, besides just the futures. But maybe as you say, all government meddling has made this area too much of a mess.