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calvintaneng
86 posts

Posted by calvintaneng > Jan 6, 2022 11:03 PM | Report Abuse

https://www.eaglevisioninvest.com/the-importance-of-diversification-ca...

Palm oil survived The Crash of 1997/8 & did very well

See

3) Mr. Liew of HELANG CAMAR hailed from Sabah. He started his Used Car Dealership in KL before the Asian Financial Crisis of 1997/98. His Used Car Business thrived in 1993-early 1997. He told me he still have half of his capital tied in the Oil Palm Plantation Lands in Sabah. He wanted to sell off his Plantation and put all the capital into the booming Car Business. I advised him not to do it.

Then The Asian Financial Crisis Struck in End 1997. He told me his accumulated profits for 3 years were wiped out within 3 short months. And he is staring at further losses from Unsold Stock of Cars. However, his Oil Palm Fruit Bunches were fetching good prices. So his losses were cushioned by the Booming Palm Oil Prices.


calvintaneng
86 posts

Posted by calvintaneng > Jan 6, 2022 11:04 PM | Report Abuse

https://www.cbc.ca/news/canada/manitoba/crop-yield-stats-canada-1.6284026


calvintaneng
86 posts

Posted by calvintaneng > Jan 6, 2022 11:05 PM | Report Abuse

Very dry in Argentina & Too much rain in Brazil destroy soybean & corn

https://www.youtube.com/watch?v=A2EmFMCUOss


calvintaneng
86 posts

Posted by calvintaneng > Jan 6, 2022 11:06 PM | Report Abuse

Lots of Palm oil, Soyoil & Canola oil will be needed as World turning to biofuel

https://www.youtube.com/watch?v=_eKg7UbetOs


calvintaneng
86 posts

Posted by calvintaneng > Jan 6, 2022 11:07 PM | Report Abuse

After 124 years producing Fuel from Crude OIl Philip 66 now turning to Biodisel for Energy fuel

Many in USA are following Philip 66 in going into Renewable Energy of Biodisel

Soybean not enough

See

https://www.youtube.com/watch?v=Yj637Lah9bw

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