Silver prices remain in backwardation, showing buyers are willing to pay a premium for deliverey sooner rather than later. Both gold and particularly silver are vulnerable to a short squeeze sending prices beyond recent record nominal highs.
Global fertilizer use must be ramped-up to avert a permanent food crisis and world instability. This is the stark message that was delivered at the BMO Capital Markets 2009 Agriculture, Protein and Fertilizer Conference in New York last week.
On A typical hot summer's day in Bothaville two years ago, a group of journalists, along with dignitaries such as Free State Premier Beatrice Marshoff and businessman Valli Moosa, witnessed the unveiling of an ambitious R7-billion maize-to-fuel project.