Farming has been a disaster for 30 years. The average age of farmers in America is 58 because it's been such a horrible business. The average age of farmers in Japan is 66. In Australia, it's 58. I could go on and on. In 10 years, those farmers are going to be 68 if they are still alive.
We have huge shortages developing in agriculture and great fortunes are going to be made by the people who address those problems.
Related: Mosaic (MOS), Potash (POT), Agrium (AGU), John Deere (DE)
Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.
