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Eyeing rising world food demand, Global X debuts fertilizer ETF

Posted on 31 May 2011

On Thursday, May 26, Global X launched the first exchange-traded fund that holds companies in the fertilizer and potash industries. The new fund is the latest bet by an ETF provider on rapidly rising global-food demand. In a release, Global X noted that grain yields in India are less than half of those in the United States, which largely is the result of improper fertilization.
And Global X pointed out that China and India’s rapidly growing agricultural industries alone account for more than 40% of world fertilizer use, with emerging markets in Asia and Latin America accounting for almost two thirds of global consumption of fertilizer……………………………………….Full Article: Source

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