Shares in horticultural company, Costa Group (ASX:CGC), rallied after the company announced both an increase in profit guidance for the current year and a $65m expansion of its mushroom farm at Minarto in South Australia. Show More
food
In this 64-page sector report, Bell Potter Analyst Jonathan Snape identifies four major themes emerging within the agricultural sector, and provides an overview on 17 agricultural and Fast Moving Consumer Goods (FMCG) stocks under coverage. The major themes emerging include a maturing cattle price cycle; the likelihood of a more... Show More
Food as an investment theme has received significant publicity over the past two years, and a number of ASX listed food companies have performed extremely well. Despite being a crowded trade, most would agree the industry represents a significant opportunity. The thematic enjoys long-term structural drivers of growth including a)... Show More
Morgans believe the current interest in the agri-food sector is due to 4 key themes. 1) Positive industry fundamentals i.e. the rising global population (6bn to 9bn by 2050) and decreasing arable land. 2) Investor switch from the mining boom to the dining boom. 3) Beneficiary of a lower AUD,... Show More