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Organic sector looks like good investment play
by Tom Linden
The Produce News Translate This Article
19 December 2017
On 19 December 2017 The Produce News reported:
With double-digit annual growth for the past two decades, the organic sector of the food industry appears to be a very good play for investors, according to a financial expert who spoke during the keynote session at the recent Organic Grower Summit [held December 13-14 in Monterey, California].
Global Good News service views this news as a sign of rising positivity in the fields of business and environment, documenting the growth of life-supporting, evolutionary trends.
Scott LaRue, an investment banker with Piper Jaffray, told the crowd attending the inaugural OGS in Monterey, CA, in mid-December that the organic industry is attracting capital because it's on-trend in the food industry. Over the past year, he said organic food sales grew 13 times faster than the overall food index, and the category resonates especially well with millennials. 'It's stunning to see the amount of capital coming into this sector,' he opined. 'It's a very, very active sector on Wall Street.'
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