All agricultural commodities are going to go much higher. We have serious problems developing in agriculture. The average age of farmers in America is 58, 66 in Japan, and 58 in Australia. The world is running out of farmers so unless price goes much higher we are going to have significant shortages in agriculture. So prices are going to go a lot higher because of the serious fundamental shortages that are developing. - in Economic Times
Related, John Deere (DE), Mosaic (MOS), Potash (POT)
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.
