Filed under: Archer-Daniels-Midland (ADM), Options, Stocks to Buy
When Americans go to the ball park to watch the World Series, we eat hot dogs. It's a tradition. It is also representative of a developed economy to eat lots of protein.
China is a developing economy with 22% of the world's population. And 1.3 billion Chinese people are developing an appetite for more protein, just as the people of almost all industrialized countries have. To make meat, you need grain. What China doesn't have is a lot of land and water for growing grain.
Continue reading World Series trade #3: Archer Daniels Midland (ADM)
World Series trade #3: Archer Daniels Midland (ADM) originally appeared on BloggingStocks on Sat, 31 Oct 2009 15:00:00 EST. Please see our terms for use of feeds.
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