From a purely financial perspective I wonder if buying some extra food now would be a sensible investment this year?
A large percentage of the worlds fertilizer usually transits through the Strait of Hormuz which has now been halted. Even if it were to open again soon much of this years fertilizer is not going to reach farmers in time for this years crops causing lower yields than normal. This means that we are likely to see highly inflated food prices sometime towards the end of the year.
Rather than paying the inflated food prices in a few months time could investing in a few extra tins of food today then steadily eating my way through them over next winter/spring period to save money be a savvy investment? In terms of a percentage of gain I think that the increases in food prices next winter might even have the potential to outperform oil, silver, or any of the other financial investment during the next 12 month period.
Maybe? I'm not sure. I think the potential is there but I don't know anywhere near enough about farming to attempt any price predictions which is frustrating.