Here are just a few reasons to consider an investment in agricultural commodities in Latin America
- World population is projected to grow from 6.1 billion in 2000 to 8.9 billion in 2050, increasing therefore by 47 per cent. (source UN World Population to 2050). There is a corresponding requirement to increase food production accordingly.
- According to the Inter-American Institute for Cooperation on Agriculture (IICA), Latin America has 42% of the world’s agricultural ‘spare capacity’.
- Favourable weather conditions in Latin America mean two harvests can be achieved every 12-14 months, twice the productivity of some other agricultural regions.
- The food price index has doubled since 2004, despite some short-term volatility the trend is upwards and increases in adverse weather continue to support the price.