Despite the drought, the net income of U.S. farmers is set to hit a record $122.2B, the USDA has...


Despite the drought, the net income of U.S. farmers is set to hit a record $122.2B, the USDA has forecast. Farmers inside the "drought belt" are filing insurance claims to offset the damage to their corn and soybean crops, while those outside in the northern plains could earn 39% more due to record prices. Equipment makers such as Deere (DE) and Kubota (KUB) could also benefit.

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  • mickmars
    , contributor
    Comments (1312) | Send Message
     
    Guess Jim Rogers knows a thing or two about investing in this environment after all.
    29 Aug 2012, 07:15 AM Reply Like
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