Green Acres

We all ponder the idyllic “life on the farm”. Jim Rogers has come out touting the positive future of farming and commodities in general and has plans to invest in Canadian farms. Link Food production has become one of the last manufactured items we have left it seems and with the collapse of the service sector it does look like farming will be one of a few a profitable business in the future. There are disturbing reports that farmers are not producing as much this year as in the past due to the credit crunch affecting their financing. It is a sad fact that modern farming must use third party fertilizers to grow crops and the expense of fertilizing must be paid upfront. For the rest of us, giving up new cars, new home entertainment equipment, new yoga lessons and even new socks are realities we will have to deal with in the future, but we cannot postpone the purchase of food. Farming is a hard life though, Link and I think Jim would make a great Eddy Albert for a remake of Green Acres, weed in his mouth with a straw hat and he can even keep his bowtie! Link It is unlikely we will see a collection of small organic farms financed but huge Agra business that just isn’t sustainable over the long-haul and what will really be interesting is how Jim will deal with the socialist food marketing system here in Canada. But all said, farming is one of the few businesses that have a real tangible future. We can all rest assured, …green acres is the place to be.