Friday, October 18, 2013

The Next Big Thing - Agriculture

According to Jim Rogers.

Here's what he said in The Edge:

Agriculture is going to be one of the best investments over the next few decades.

The world has consumed more than it has produced for much of the last decade, so inventories are near historical lows.

The average farmer is 58 in the US and Australia, 66 in Japan. Old farmers are dying or retiring, and young people aren't going into agriculture.

Young Americans go into PR, not agriculture. Prices have to go much higher to attract labour, management, capital or we're not going to have enough food in the long run.

Makes so much sense. And the sooner we can try to harness this knowledge the better.

Time to consider a career switch to farming!

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