The Contrary Investing Report
Investing and Trading News, with a Contrarian, Sarcastic Twist!


Why Rough Rice is All Teed Up for a Jim Rogers Approved Rally

by Brett on January 24, 2011

Jim Rogers, a fervent agricultural bull since he launched the Rogers International Commodity Index in 1998, recently cited rice as his favorite grain.

He told MoneyNews:

“If rice goes down, I will buy more rice. Rice has a great future for the next few years.”

When Jim casually name-drops a commodity—especially a grain—it’s usually advisable to take a closer look at it. So let’s dig into the investment-worthiness of rice and see if we should order up a side dish for ourselves.

Lower Acreage, Lower Supply

A recent Wall Street Journal article reported farmers are reducing acreage for rice by as much as 30 percent in favor of higher-priced cotton and soybeans…

Please read the rest of my supply/demand Rough Rice analysis at Hard Assets Investor (and give it a 5 star rating, please! :) )


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