Agribusiness companies have been posting strong revenue and profit gains, and the long-term outlook is even brighter for industries involved in feeding a hungry and growing world.
The U.N.’s Food and Agriculture Organization estimates that agricultural production will need to increase by at least 70% worldwide between now and 2050 to meet the needs of more protein-hungry populations, particularly in the developing world. That means almost a billion more tons of annual cereal production and 200 million more tons of meat.