Feb. 2 (Bloomberg) -- BlackRock Inc., the world’s biggest money manager, said producers of seeds and farming equipment make a better investment than agricultural commodities as new technologies boosting production may lead to lower food prices.
“The demographic trend, as we all know is that people are going to consume more food,” Catherine Raw, a fund manager at BlackRock, said at a conference in London today. “That doesn’t necessarily translate into higher commodity prices because what it may lead to is technical innovation. The better way of playing this trend is being exposed to inputs.”
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