Replies to post #104523 on Biotech Values

[DewDiligence]

[OT]—US Farmers Cheer Surge in Oil Prices:

#msg-60366814

[DewDiligence]

[OT]—Do food prices and oil prices move in unison?

This chart shows that, during the past decade, they usually do:



Of course, this chart is somewhat contrived insofar as the values are not normalized to a common base, but I think the basic relationship is valid.

Source: http://www.theoildrum.com/files/world-food-index-vs-brent-oil-price.png (Thanks to 'Jacob Snyder' on SI for this find.)