Newsletter March 12, 2007

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WorldCommodity FundSMUpdate

Low-cost mutual funds focused on natural resources

March 12, 2007

  • ABB Grain to buy Adelaide Wool Company
  • Wool market conditions 'as good as it gets'
  • Nymex Gasoline Rises to 6-Month High on Reduced U.S. Supplies
  • ABB Grain to buy Adelaide Wool Company

    Agribusiness group ABB Grain says it will buy
    Australia's largest on-farm wool buying firm, the
    private owned Adelaide Wool Company (AWC). The
    AWC group, which is more than 40 years old, includes
    AWC and River Wool and is jointly owned by the
    Hackworth and Amos families.

    ABB enters wool market...

    Wool market conditions 'as good as it gets'

    Wool brokers say the healthy state of the market is
    surprising, given the strength of the Aussie dollar.
    Prices around the country rose 3.6 per cent last week,
    up almost 33 per cent from the start of 2006. "There's
    a bit of confidence in that, the blokes on the other side
    are paying plenty of money at the moment,
    unfortunately our exchange rate is taking the cream off
    it."

    Good as it gets...

    Nymex Gasoline Rises to 6-Month High on Reduced U.S. Supplies

    ``The big fear right now is gasoline supplies heading
    into the spring and the peak driving season,'' said
    Jack Hunter, an energy trader with FC Stone Group in
    Kansas City, Missouri. ``There have been so many
    refinery problems that it's been difficult for the market
    to pull back.''

    Gasoline prices have risen 20 percent this year...

    Have a Great Week!

    Jim Llewellyn
    WorldCommodity Funds, Inc.
    6075 Roswell Road, Suite 450
    Atlanta, GA 30328
    404-437-7420

    www.worldcommodityfunds.com

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