Newsflash: The United Nations and The Wall Street Journal just agreed on something: With this summer's brutal drought, America needs to stop using so much corn to produce ethanol for fuel, and start using it in the food chain.
As the Russian wheat shortage sends food prices soaring, investors should note that such stories are going to become only more common as the developing world expands. For this and other reasons, the agriculture sector is worth considering.
A severe food shortage is on its way, according to famed investor Jim Rogers. Food inventories are the lowest in decades and "[m]any farmers cannot get loans to buy fertilizer now, even though we have big shortages developing," he said.