Stuart Donald Benedicte Gravrand, Opalesque Geneva:
There is an increasingly active community of farmland investors hoping to profit from the world's growing need for nourishment, said CNBC in March.
Famed commodity investor Jim Rogers, who launched the international Quantum Fund with George Soros in the early 1970s and went on to create the Rogers International Commodities Index, said he was "wildly optimistic about the future of agriculture worldwide." George Sorosí fund also invests in South American agriculture.
Consumers and producers need to prepare for higher prices
Jim Rogers also put on his blog earlier this month, "As you may know agriculture is going through the roof this year. I suspect that is going to continue because war and tensions are not good for anything but they are good for commodities, especially agriculture."
According to The Australian, Rogers believes "consumers and producers need to prepare for higher prices over the next few years" and, as the developed world is running out of farmers, "prices in agriculture need to rise or we wonít have food in the future at any price". And ......................
To view our full article Click here