The Agriculture Bull Keeps Getting Stronger

The agriculture bull market is in full swing and the prospects for the industry keep growing stronger. Agriculture is entrenched in supporting the basic needs of humans and is vital to the sustainability of a growing population. In fact, 45% of the world's workers are employed in agriculture. Recently, prices for crops have skyrocketed as farmers produced less food last year than was consumed, and stockpiles have been drawn down to 30-year lows.

The primary demand driver has come from emerging markets including China and India as consumers emerge from poverty and move to a protein-rich diet. Each pound of meat produced requires ten pounds of grain for animal feed. Improved diet demand is skyrocketing as the pace of economic development around the globe increases, and there is still a long way to go still.