Across the Midwest, one of the worst droughts in decades is ravaging crops and driving the price of corn and other basics to record heights. It’s bad news for consumers, who will pay more at the supermarket as crops whither in the punishing heat. But famed commodities trader and finance author Jim Rogers is making money.
Since the beginning of June, the index he owns — the Rogers International Commodities Index for Agriculture, or RICIA, has jumped 18 percent. The index, which tracks the price of crops globally, is up roughly 10 percent for the year………………………………………..Full Article: Source