To meet that growth, global food production will have to rise 70%!
The problem is more than the growing number of mouths to feed in the meantime. The amount of food each mouth eats is also climbing.
The average human currently consumes about 2,600 calories a day. By 2030 the UN expects that number will reach 3,000 calories.
That may not sound like much — but it is a mammoth number when multiplied by billions of people. Worldwide daily caloric intake is going to surge from 17.1 trillion calories to 24.6 trillion per day.
As you can see, the food industry has excellent growth prospects. And with these ETFs, you can easily “feed” your portfolio.
Market Vectors Agribusiness ETF (MOO) follows the DAXglobal Agribusiness Index, which provides exposure to companies that derive at least 50% of their revenues from agricultural business such as Monsanto, Potash and John Deere
PowerShares Global Agriculture Fund (PAGG) is similar but with more international stocks like Syngenta (Switzerland), Agrium (Canada), Yara International (Norway), and Wilmar International (Singapore).
PowerShares DB Agriculture ETF (DBA) holds futures contracts on some of the most widely traded agricultural commodities like corn, soybeans, sugar and live cattle.
As always, timing is everything so don’t rush out and buy any of those ETFs tomorrow morning. However, food as an investment may be one of the most profitable choices you can make.
Better yet, you don’t have to work 100 hours a week on a vegetable farm like my father to profit from food!
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