RE: Mexico approval13 Mar 2024 14:53
Agreed, bots. I've bought in here today, had my eye on it since Moneyweek recommended it in November. [Before the fall!]. Risky, but lots to recommend it, so it's bottom drawer for when those registrations come in and hopefully volumes rise a lot.
From Moneyweek:
'Shah points to estimates that the overall global consumption of food will grow by 1.2% a year for at least the next three decades, leading to a 50% increase in demand by 2050. While this may not seem a particularly large challenge, the sector will have to meet this demand at a time when “the available land is shrinking”.
This is partly due to urbanisation, especially in the developing world, where many formerly agricultural areas are being swallowed by towns and cities. However, another factor is the impact of climate change. As Shah points out, this isn’t just a matter of rising temperatures anymore, but also a case of “increased droughts, more pests and generally more frequent extreme weather events”. '