Latin America – the Saudi Arabia of Agriculture

Posted by Jim Rogers - Market View

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open-road-700x410Jim Rogers says Choose Farming for Your Family and Finances

and…                                                                 

 Latin America – the Saudi Arabia of Agriculture

“Sometimes we investors can get blinded by statistics. The numbers can hide the truth. But in this case the stats say it all. We all know the world’s population is growing exponentially, and therefore food demand will increase. So who will supply it? Latin America.

Latin America has always been one of the world’s breadbaskets …

According to the Inter-American Institute for Cooperation on Agriculture (IICA), Latin America has 42% of the world’s agricultural ‘spare capacity’. I take these sort of exact projections with a pinch of salt. But if you look at a world map its clear that’s not far off. Latin America has less than 10% of the world’s population but almost 30% of the world’s freshwater supply and 30% of the globe’s spare farmland. In short it’s the Saudi Arabia of agriculture…”

…..read more about Latin America – the Saudi Arabia of Agriculture HERE

…..read more about the Jim Rogers interview “Choose Farming for YOur Family and Finances HERE