Jim Rogers, who predicted the start of the commodities rally in 1999, comments on the outlook for sugar, cotton and other commodities.

He spoke today at the CLSA Japan Forum in Tokyo. On the outlook for agricultural: “If I told you how bullish I am about agriculture, you’d ask me to leave the room. Prices of agricultural commodities are going to explode. Inventories of food are the lowest they’ve been in over 40 years. The number of hectares devoted to wheat farming has been declining for over 30 years.”

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