4.2 • 1K Ratings
🗓️ 5 May 2017
⏱️ 65 minutes
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0:00.0 | Picture yourself on a beach, retired early and enjoying financial freedom. |
0:06.7 | If this is your dream, then now's the time to level up your investing game, and Real Vision can |
0:12.1 | help you. We arm you with the knowledge, the tools, and the network to succeed on your financial journey on your own terms. |
0:20.0 | Take control of your future and visit Realvision.com |
0:24.4 | forward slash free. That's Realvision.com |
0:27.7 | forward slash free. What's one industry that is essential to sustaining human life but is unloved and unsexy? It goes through volatile cycles and is often an afterthought for the average consumer and investor. |
0:47.0 | And yet, it's something we've been doing for thousands of years, |
0:51.0 | and we're pretty good at it. We are, of course, talking about agriculture. When you look at soft commodities like |
0:57.6 | corn, wheat and soybean they've all seen their prices crash in the last couple of |
1:01.9 | years by as much as 60%. |
1:04.8 | Featuring Alan Boyce, macroeconomist, and agricultural investor, |
1:09.1 | he'll talk us through the biggest challenges facing the industry |
1:12.0 | and most farmers in America. |
1:13.0 | There's lots of young farmers in the United States that have made give it a good go. |
1:19.0 | The problem here is that they generally don't have a lot of wealth so to expand they had to borrow a fair amount of money |
1:25.3 | they borrowed in US dollars not Argentine pesos or Venezuelan boulevards so they owe US dollars back |
1:32.0 | sadly their margins their costs are in US |
1:34.8 | dollars. Though at today's what seemed to be kind of low US dollar soft |
1:39.2 | commodity prices, their margins are crushing them. Now you're going to have a second instance in my lifetime of bad confirmation bias. |
1:48.0 | Few people are taking an interest in the topic and we are attempting to change that because if you look where others |
1:54.3 | aren't and open your mind to potential outcomes beyond the status quo, what lies beyond |
1:59.4 | are huge opportunities in the agricultural space and it starts with |
... |
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