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Forward Thinking Magazine : August 2011
stock story 55 During the past three years, the grain and oilseed markets have received a significant amount of attention. This can be attributed to accelerating demand from the biofuel sector and a surge in global food and feed demand from emerging economies, which led to a significant increase in most agricultural prices. Similar structural changes can also be seen in global dairy markets. Investing in greener pastures Written by Tim Hornibrook, Macquarie Agricultural Funds Management Throughout the developing world the emerging middle class, higher incomes, urbanisation and access to dairy retail facilities have had an important impact on world dairy markets and we believe this is likely to continue to do so for many years to come.