Global Agriculture: Adecoagro Files $400 Million IPO (AGRO)

This company will be interesting to watch, especially if the agricultural commodities (and renewable energy?) trend sees another leg higher. If interested, look at the Economist commodity-price index (one month and one year % change) from January 13, 2010. And as you know, rising food prices are causing people to riot in Tunisia and Algeria. Will monetary tightening in emerging markets cool down commodity inflation? Gary Shilling thinks commodities are in a bubble. If interested, the ticker symbol is AGRO according to the DealBook article.
"An agriculture company backed by the billionaire George Soros on Thursday filed to go public in an offering of more than $400 million.

The company, Adecoagro, based in Luxembourg, but with extensive farm holdings in South America, is selling 21.4 million common shares".....
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From their website: "Adecoagro is currently one of the leading companies in the production of food and renewable energy in South America. Present in Argentina, Brazil and Uruguay, our main activities include the production of grains, rice, oilseed, dairy products, sugar, ethanol, coffee, cotton and cattle meat."

Photo from website.

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