A real cash cow: why food production is big news

Ten years ago, investors started to wake up to the fact that there was a global shortage of raw materials to feed the Chinese manufacturing dragon. Now they are waking up to the fact that the world needs more food.

Monday found your Penny Sleuth attending a presentation by Carr's Milling in the City. Around the table sat a collection of private client fund managers who were, of course draining their wine glasses at maximum speed in order to anaesthetize themselves against the depressing prospect of an afternoon in the office.

But my wits were, as ever, needle sharp, and I was especially interested to hear Carr's chief executive Chris Holmes describe the impact of the milk price rise that our poor struggling dairy farmers have finally managed to extract from the retailers. Actually, it is not the retailers at all, because they have passed the price rise - and a bit more besides - straight through to you and I.

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.