From LewRockwell.com:

Legendary global investor and chairman of Singapore-based Rogers Holdings, Jim Rogers said the lack of supply in agricultural products is especially concerning.

This cycle may last for many years as no one is bringing new supply on stream, Rogers said.

As he sees it, "most agricultural products are still depressed on a historic basis."

"The story is not over, not for a while," he said.

"I don't see any reason it's going to be over for a few years because no one is bringing new supply on stream."

"A catastrophe is looming," he says. "The world is going to have a period when we cannot get food at any price in some parts of the world.”

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