PUNT OF THE WEEK: Pig and cattle breeder Genus

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PUNT OF THE WEEK: Pig and cattle breeder Genus hits an all time high as it targets Chinese farmers

By Daily Mail City & Finance Reporter

Published: | Updated:

What is it? Genus breeds pigs and cattle with the best genes for providing high-quality meat and milk, selling them to farmers in the form of breeding animals, semen or embryos.

What’s the latest? The share price hit an all-time high in April, boosted by hopes that farmers in China have been restocking their herds following huge culls related to the outbreak of African Swine Fever.

Who backs it? Big-name institutions including Legal & General Investment Management, Baillie Gifford and Vanguard are investors, as well as the National Farmers Union Mutual Society.

Why should you invest? Graham Spooner, investment research analyst at The Share Centre, said: ‘Global demand for pork, beef and milk is predicted to continue to increase, especially in developing countries, with their rising incomes, population growth and move to urbanisation.’

And why shouldn’t you? But, Spooner adds, animal diseases – such as the spread of African Swine Fever in Asia – still pose a threat to companies working in this field.

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