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Jim Rogers talked with BBC news, addressing his view that though the world is going through some major changes, there is hope. He is insanely bullish about agriculture stocks. Here is what he said, followed by how we can invest in accordance with his views:

Rogers: "The only areas of the world economy I see that are going to be dynamic are natural resources; farming is going to be one of the best professions of the next 10 or 20 or 30 years."

Rogers says farming has been a disaster for three decades. He points to the fact that the average age of the American farmer is 58 because it has been such a horrible business. Rogers says we have huge shortages developing in agriculture and that the people who are successful at tackling those problems will make fortunes.

We can access agriculture futures by investing in exchange traded funds like DBC. It tracks the whole gamut: Cotton, sugar, coffee, cattle, wheat, corn, etc.

Alternatively, we can invest in agriculture by initiating positions in the top stocks. Here are the top agriculture stocks, some of which are heavily invested in by the top hedge fund managers. All but two of these stocks have had double digit growth over the past year. One even more than doubled in value. Compare all this to the S&P's return of 11%.

1. Archer Daniels Midland (NYSE:ADM): This food processing $18B market cap company is the only company on this list to have lost money over the past year. Twenty-seven hedge funds had ADM in their portfolios in the second quarter.

2. Deere &Company (NYSE:DE): This $32B market cap company returned an impressive 15% over the past 52 weeks. Thirty-three hedge funds had DE in their portfolios in Q2.

3. Monsanto (NYSE:MON): This $38 B market cap company returned 25% over the past year. Forty hedge funds had MON in their portfolios in the second quarter. John Griffin's Blue Ridge Capital has the second most shares, a position which he initiated in Q2, with just above 2 million shares.

4. Potash Corp of Saskatchewan (NYSE:POT) : This giant agriculture company, market capped at $50 B, returned a decent 11% over the past year. Forty-two hedge funds had it in their portfolios as of the end of June.

5. Agrium (NYSE:AGU): This $13 B market cap company returned 16% over the past year. That's probably good news to the 21 hedge funds that had it in their portfolios as of the end of June. Andreas Halvorsen's Viking Global initiated a position in AGU last quarter with almost 1.2 million shares. They come in second. Chilton Investment Company had the most with just above 1.2 million shares.

6. CF Industries (NYSE:CF): Same size market cap but way different return - an amazing 89% over the past 52 weeks. Thirty-six funds had it in their portfolios in the second quarter. John Burbank and David Tepper are among the hedge fund managers with large stakes in CF at the end of first quarter (see David Tepper’s top stock picks here).

7. Mosaic Co. (NYSE:MOS): One of the agriculture leaders, this $31B market cap company brought back a decent 15% return over the past year. Forty-seven hedge funds had in their portfolios as of the end of June. Mosaic is the largest new addition to Dan Loeb's Third Point’s 13F portfolio. During the second quarter, Loeb (click here) bought $162.5 million worth of MOS.

8. CVR Partners (NYSE:UAN): Super tiny $2B market cap CVR was owned by just two hedge funds in Q2. They fared well, as UAN returned close to 30% over the past year.

9. Terra Nitrogen Company (NYSE:TNH): Also super tiny, this company amazingly more than doubled over the past 52 weeks, returning 116%. Two hedge funds benefited from this in Q2.

10. Cosan Limited (NYSE:CZZ): Fifteen hedge funds had this $3B market cap company in their portfolios last quarter. CZZ returned almost 2% over the past year.

11. Tractor Supply Company (NASDAQ:TSCO): TSCO had a pretty good year, returning 69% over the past 52 weeks. Only 14 hedge funds had this $4B market cap company in their portfolios in the second quarter.

12. Bunge Limited (NYSE:BG): Fifteen hedge funds had this $9 B market cap company in their portfolios last quarter. The stock has returned 16% over the past 52 weeks.

13. Caterpillar (NYSE:CAT): The behemoth on this list, $55 B market capped CAT returned an awesome 29% over the past 52 weeks. That's good news to the 38 hedge funds that had it in their portfolios last quarter. Caterpillar is one of Jim Cramer’s top stock picks. He has it in his charitable trust’s portfolio.

Rogers said the best areas of the world economy are where the shortages are developing. He said, "In the 1970s, most of the world's economies were in the tank, but commodities boomed." He also pointed to history and took a lesson from it, saying, "We had one of the great world markets in the history in commodities for about 15, 20 years in the '70s, between the '60s and the early '80s, because we had huge shortages everywhere and because governments everywhere printed money."

Rogers also pointed to the fact that governments are printing money again, saying it's the wrong thing to do but that it was all they know how to do. He said, "so between shortages of supply and money printing, if you want to be in the dynamic parts of the world economy, don't get an MBA and go to Wall Street, go and get a farming degree and move to Asia."

Source: Jim Rogers: Extremely Bullish About Agriculture Stocks