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What Is the Food Price Index?

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Touch the Soil News #638 The Food Price Index is a global average of the costs of: Meat – poultry, beef, pork Dairy – butter, cheese Cereals – wheat, corn, rice Vegetable oils – palm oil, canola oil, soybean oil, etc. Sugar – cane and beet sugar The base date of reference is 1/1/2004. This means on this date the index showed all commodities at 100. For February 2017, the Food Price Index stood at 175.5 – which means the global cost of basic foods has gone up 75.5 percent over the past 13 years. The importance of the food price index to Americans – like folks of all other…

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Investors and the Growing Food Demand

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Touch the Soil News #488 (feature photo CC 2.0) Milltrust International is a global investment management company with headquarters in London and Singapore. They have a special division that deals in agricultural (farmland) investments. The CEO of Milltrust, Simon Hopkins, recently participated in a revealing interview about the growing investments in agricultural assets. Following are some of the highlights of Hopkins’ remarks: This past year saw the birth of the 7th billion person on the planet and the global population is generally expected to exceed 9 billion people by 2050. According to the scientists, the world is currently sustainable with a population of somewhere between 300 million and 2 billion, depending…

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