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JIM ROGERS - The WORLD is Facing a FOOD CRISIS. Lack of New Generation Farmers

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SUBSCRIBE to Our NEW CHANNEL for Latest Uploads - http://www.youtube.com/AGENDANWO2 JIM ROGERS - The WORLD is Facing a FOOD CRISIS. Lack of New Generation Farmers From his office on Broad Street in lower Manhattan, Jeff Notaro oversees a modest portfolio consisting mainly of dirt. Specifically, Notaro's Black Sea Agriculture fund invests in farmland in northeastern Bulgaria, near the Black Sea. The $1.5 million fund buys prime agricultural land and leases it back to local farmers. Notaro is riding a growth market. Since 2004, Bulgarian farmland has been appreciating at an average annual rate of 19 percent. Yet Bulgarian land is still cheap compared to the United States. The average price per acre for good-quality land is $1,850 in Bulgaria versus $5,000 an acre in Kansas. Land along the Black Sea coast commands higher prices because it's especially fertile and also close to deep-water ports. Black Sea wheat land costs $4,300 an acre on average but yields an average of 71 bushels of wheat an acre, compared with 42 bushels an acre in Kansas. "That's about half the cost per acre on a yield basis," Notaro said. The rise in local land prices has been fueled mainly by a worldwide agricultural commodity boom that has driven food prices up by more than 100 percent since 2003, according to the Food and Agriculture Organization of the United Nations (FAO). "More people need to get into farming; otherwise, we won't have any food," said 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, which tracks the performance of numerous commodities in global markets, ranging from agriculture to metals and energy products. Rogers and Notaro belong to an increasingly active community of farmland investors hoping to profit from the world's growing need for nourishment. "I'm still wildly optimistic about the future of agriculture worldwide," said Rogers, who has served as an advisor and as a director to companies that hold farmland in Australia, Brazil and North America. If you want to become rich, investment wizard and best-selling author Jim Rogers has some advice: become a farmer. The former hedge fund manager told the IB Times earlier this month: "We're running out of farmers worldwide. More people in America study public relations, not agriculture. The average age of farmers in America is 58. In Japan, it's 66. So if you want to get rich, become a farmer, not a stock broker. Stock brokers will be driving taxis in the next few years. The farmers are going to be driving Lamborghinis." But that's not the only factor straining food supply. Economic growth in emerging countries like India and China has allowed more people to trade rice bowls for beef. As a result, global meat consumption has been increasing at twice the rate of population growth over the past 20 years. "jim rogers" farming farmer produce commodity gold silver sugar agriculture consumer population people humanity 2014 u.s. "united states" usa america "made in usa" crops "non gmo" "federal reserve" markets trading investment investor future world production shopping supermarket corn crisis singapore "gold bullion" "sell gold" forex "forex trading" usd dollar gbp japan asia india bank "bank account" china money cash freedom news media bitcoin "sell bitcoin" "accept bitcoin" cryptocurrency "agenda nwo" gmo corn crops soy beans monsanto seeds fiat currency printing central bank end the fed gold price $1000 indian sell gold temple gold standard silver standard oil gas water blueprint chinese elite mafia new world order illuminati obamacare free market super power rothschild bohemian grove bilderberg 2014 denmark foreclosure propery bubble real estate 3 ways to cash in on a global food crisis Of course, most of our readers are unlikely to trade in their current occupations for pitch forks and tractors. However, there are still plenty of avenues to pr...