Saturday, November 15, 2014

Agriculture: Prices Have To Go Up

We are in a period now where the world population is growing, the world is consuming more than it is producing and supply and demand are out of whack.

The price of agriculture goods has to go up, the profitability has to increase a lot and that is why that is a great opportunity.

Related exchange traded funds: PowerShares DB Agriculture Fund (DBA)

Related stocks: Potash Corp./Saskatchewan (USA), Deere & Company (NYSE:DE), Mosaic Co (NYSE:MOS), PhosAgro OAO (MCX:PHOR)

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).