Appetisers from the agri stocks field

Food stocks are suddenly hot and Ridley is underestimated … ALSO good news for Wide Bay Australia.

Listed food and agricultural companies are in vogue, with the sector recording some of the best gains over the past year. But it’s not strong fundamentals and bright outlooks that are driving buying interest in the sector. It’s merger and acquisition activity.

The question now is: who’s next? It feels like every member of the sector would make an appetising target to a foreign predator.

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