Rogers: Food Shortage Coming as Farmers Struggle

Dan Weil

Legendary investor Jim Rogers remains bullish on commodities and says the world will soon face food shortages.
"The fundamentals (for agriculture) have gotten better," he says.
"The inventories are now at the lowest they've been in decades, not in years.”
And that trend is just intensifying, Rogers tells CNBC.
“Things are getting worse. Many farmers can’t get loans to buy fertilizer now, even though we have big shortages developing."
And what will be the end result of this dynamic?
"Sometime in the next few years we're going to have very serious shortages of food everywhere in the world, and prices are going to go through the roof," Rogers said.

Rogers: Food Shortage Coming as Farmers Struggle