March 29, 2010 -
PRLog -- “Mann International”
analysts believe that the growing middle classes in China, India and other emerging economies will soon exert a tangible impact on food prices that those in the West will not fail to notice.
The Asia-based investment broker suggests that although the stars of the commodities market are precious metals and crude oil, clients should bear in mind that with the addition of another 2 billion people in China and India alone to the demand side, it was inevitable that the price of food would rise far more sharply than many expect.
Sources close to “Mann International”
opined that there were several methods of gaining profitable exposure to the current and future bull market in foodstuffs including several exchange-traded funds (ETFs) and that clients would do well to include such exposure in their portfolios.
“Mann International”
has cited the increasing demand for pork as an example of the potential. Many Chinese have, in the past, been unable to afford to buy pork on a regular basis but the profile of the nation on the global economic stage has grown sufficiently to bring many of this demographic to the point where pork, once considered a luxury, into their affordability range.
The “Mann International”
sources added that the rise in food prices in the years going forward would be felt all the more acutely when coupled with the fact that many in the West would be force to accept a lower standard of living as taxation and inevitable inflation reduced their purchasing power.
