Newsletter April 9, 2007

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WorldCommodity FundSMUpdate

Low-cost mutual funds focused on natural resources

April 9, 2007

  • Soybeans Rise to Three-Year High
  • Australian shares outlook
  • Vietnam fertilizer dearth sends prices skyward
  • Soybeans Rise to Three-Year High

    On this coast, a trio of aquifers that supply private
    wells and utility companies are reaching historic lows.
    Water managers celebrated .002 inch of new water at
    Lake Okeechobee - a critical freshwater supply
    south of Orlando - but at 10 feet deep the lake's
    gravity flow system can no longer provide freshwater
    for agriculture and drinking.

    Historic lows for Okeechobee...

    Australian shares outlook

    Australian share prices closed at fresh record highs
    on strong local fundamentals which supported
    Australian equities for most of the trading session,
    particularly banking stocks.

    S&P/ASX 200 hits record...

    Vietnam fertilizer dearth sends prices skyward

    While prices of urea fertilizer have hit a 50-year high of
    up to $370 per ton, global suppliers are also set to
    increase imported prices of potassium fertilizer by up
    to $20 after a recent increase by $10, spelling a further
    price hike in Vietnam.

    Vietnam needs fertilizer...

    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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