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Bullboard - Stock Discussion Forum AGT Food & Ingredients Inc 5.375% Pfd Restricted 4 Month Hold T.AGTPRA

"AGT Food and Ingredients Inc is a farm products company. The business has three primary segments: Pulse and Grain Processing, Bulk Handling and Distribution, and Food Ingredients and Packaged Foods. The Pulse and Grain Processing segment is engaged in the cleaning, calibration, sizing, shipping, and export of pulse and stable foods. The Bulk Handling and Distribution segment is engaged in the... see more

TSX:AGTPRA - Post Discussion

AGT Food & Ingredients Inc 5.375% Pfd Restricted 4 Month Hold > India will be self-sufficient in pulses in next few years:
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Post by mountainpose on Feb 28, 2017 2:52pm

India will be self-sufficient in pulses in next few years:

https://economictimes.indiatimes.com/news/economy/agriculture/india-will-be-self-sufficient-in-pulses-in-next-few-years-radha-mohan-singh/articleshow/57194585.cms NEW DELHI: Rural India will gain from strong growth in horticulture, poultry, dairies and fisheries, in addition to bumper farm production that is estimated to hit a new record this crop year, agriculture minister Radha Mohan Singh said. The governments focus on making India self-sufficient in food grains will ensure that the country does not import pulses in the years ahead, Singh told ET on Thursday, a day after his ministry forecast major crop output to reach nearly 272 million tonnes in the year through June 2017. The estimated production is 2.6% more than the current record, achieved in 2013-14. I keep saying this company has too many complexities. I like the whole idea of AGT but we need a stock price that reflects reality. I think that's at around 10X EPS ( Around $25.00).
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