By Jim Letourneau , Posted Thursday, Feb 5, 2009

January was a very busy month as I was interviewed by Shelley Brimble of Business in Calgary Magazine, Tom Jeffries of HoweStreet.com, David Simms of CBC TV and Anne Evers of The Energy
Report. I also did some interviewing of my own and did a podcast with Louis Paquette of Emerging Growth Stocks. My blog also got a nice mention in the Globe and Mail. I will soon be writing for a large US based publication that syndicates content through TD Ameritrade, Yahoo Finance, AOL, MSN, and Marketwatch. While my blog traffic is up by a factor of 5 since changing the domain name from bigpicturespeculatorblog.com to jimletourneau.com, the site I will be writing for has 100 times the traffic.

Agriculture

While the global demand for many commodities is dependent on economic growth, demand for agricultural products is much more inelastic. In 2008, cereal stocks fell to a historic low of 40 days’ supply. People gotta eat. The rising middle classes of China and India are choosing to eat more animal protein and illfated policies to grow corn for ethanol production instead of food are looming trends. One could argue that at a time where almost anything can be commoditized , tight supplies of fertilizer and the advent of patented pesticides and seeds could make agricultural commodities pretty special.