From LewRockwell.com:
Legendary global investor and chairman of Singapore-based Rogers Holdings Jim Rogers believes that shortages in the agriculture sector are coming.
Wheat prices in Europe hit their highest level in two years, rising almost 50% since late June, as Russia is experiencing a record drought that has destroyed millions of hectares of its land.
"That's the straw that broke the camel's back," Rogers told...
Read full article...
More from Jim Rogers:
Jim Rogers: These commodities are still dirt-cheap
Jim Rogers: "Food prices are going to go through the roof"
Gold predictions from Jim Rogers, Marc Faber, and Nouriel Roubini