According to the United Nations, the world needs to produce 60% more food by 2050 to avoid mass unrest. At that point, the global population is expected to reach a whopping nine billion. More mouths to feed, combined with the higher caloric intake of increasingly wealthy societies, will dramatically increase food demand.
Yet, as I wrote last week, the investing herd has stampeded out of agribusinesses.
The Market Vectors Agribusiness ETF (MOO), which was a crowd favorite in 2011, has experienced significant outflows totaling $2.8 billion year to date.
This ETF holds phosphate and potash producers such as Mosaic (MOS) and Potash Corp. of Saskatchewan (POT), in addition to farming machinery manufacturers such as Deere & Co. (DE) and Kubota Corp. (KUBTY).
I've scoured the full list of holdings for hidden value, and there was one company in particular that caught my eye... Read more »
click.wallstreetdaily.com...dG1fc291cmNlPURJ./AQ/KeVR
Poster Comment:
Emergency food is very important, as is a water supply. Do you have yours? ;)