Blog: Put your money where your mouth is
Chris Brook-Carter | 23 August 2010
Long term investment in the food industry continues to get coverage in the financial pages of the UK's national press, as the media sinks its teeth into the issue of rising food prices. Typically, there has been plenty focus on the plight of the consumer and what “agflation” (there are some in the office who think I have made that up word up, but honestly I haven't) is doing to the cost of the average shopping basket.
For those of us in the food industry, however, there have been more interesting pieces in amongst the sensationalist headlines.
Today's Daily Telegraph has run one such piece, picking out ten ways to profit from food inflation. The latest figures from the official Consumer Price Index show the extent of food inflation over the past year. Fruit prices have risen by 10%, fish is up 8%, vegetables 5%, while bread and cereal prices have risen by 3%.
With interest rates at all-time lows, it's little wonder the sector is attracting attention. As well as the obvious investments in companies such as Tesco or Unilever, there are a number of agricultural and food supply chain funds, from the Sarasin Agrisar Fund, which is recommended for beginners, to more volatile investments such as the Eclectica Agriculture Fund.
Of course, if investing your hard earned cash in the volatile agricultural sector seems a little too long-term for your liking, you can always turn to theft. A rise in the trade of stolen straw and hay bales is apparently another offshoot of the agflation trend.
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
To follow on from our earlier notice and after some hard work from our technical team, just-food is back live after today's power outage....
Much of the UK has felt the impact of Storm Doris today - and just-food's head office has been no exception....
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