Climate Change to Cause ‘Massive’ Food Disruptions, Olam Says

Climate change will cause “massive disruptions” to supplies of grains, coffee and cotton, supporting prices, Olam International Ltd. said.

“The fact is that climate around the world is changing and that will cause massive disruptions to supply chains,” Sunny Verghese, chief executive officer at Olam, among the world’s three biggest suppliers of rice and cotton, said in a Bloomberg Television interview today. “We’re friendly to wheat, corn and soybeans and bearish on rice.”

http://www.bloomberg.com/news/2011-02-15/climate-change-may-cause-massive-food-disruptions-olam-s-verghese-says.html

Friendly, as in, we intend to profit from them.