Agriculture has been a disaster for 30 years, but I’m very optimistic about it. There are many ways to invest: You can buy land, agricultural products, seed companies, fertilizer, tractor companies. Farmers are getting older, and in the U.S., more people study public relations than agriculture. Therein lies the opportunity: Either it’s going to get better, or we’re not going to have any food at any price. (PowerShares DB Agriculture Fund (NYSE:DBA), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (NYSE:RJA), Mosaic (MOS), John Deere (DE))
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.