Food prices are rising world-wide for many reasons - two of which are the rise in crude oil prices and the demand for corn to produce ethanol, an alternative for gasoline.Emerging and less developed countries have seen a dramatic increase in food prices in the recent months.
Food producers in emerging countries are an attractive sector to invest now.Some of these food ADRs are already near their 52-week highs.
In this post, lets look at some of the Latin American Emerging Market Food ADR stocks:
1. Company: Cresud
Ticker: CRESY
Current PPS: $14.95
Country: Argentina
Industry: General Agriculture and Livestock
2.Company: Gruma
Ticker: GMK
Current PPS: $10.63
Country: Mexico
Industry: General Agriculture and Livestock
3.Company: Industrias Bachoco
Ticker: IBA
Current PPS: $27.56
Country: Mexico
Industry: Poultry
4.Company: Perdigao
Ticker: PDA
Current PPS: $55.88
Country: Brazil
Industry: General Agriculture and Livestock
5.Company: Sadia
Ticker: SDA
Current PPS: $21.27
Country: Brazil
Industry: General Agriculture and Livestock
One Ping to “Emerging Markets Food ADRs !!”
2 Responses to “Emerging Markets Food ADRs !!”
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1. vic benevento Says:
October 30th, 2008 at 7:05 amwas wondering if there was any info available on agricultural adr’s that are poised for growth in the next 9months.
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2. admin Says:
November 1st, 2008 at 9:21 pmVic
Currently I do not have info. on that.But it is definitely worth look into.I will do some research and post an article the coming week.Cheers
-David
October 28th, 2008 at 8:17 am
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