Wednesday, December 12, 2012

China: Soybean, Wheat, Sugar

Jim Rogers : As you know, they already import soybeans. And consumption of wheat continues to rise in China, with Chinese prosperity, and so does sugar consumption. So anything that China consumes and is in short supply there will benefit from Chinese prosperity. - in Index Universe Related: ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (NYSE:RJA), PowerShares DB Agriculture Fund (NYSE:DBA)

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).