http://www.resourceinvestor.com/2012/10/19/play-housing-agriculture-with-resources?page=2

We think the agricultural sector offers opportunity today. With 7 billion hungry people around the world, yields will need to increase on arable lands, benefitting certain processing, farming and agricultural companies. Feeding a growing global population means we need better fertilizers, mechanization and seed technologies to increase the production of grains on less arable soil. 

Take a look at the USDA’s World Grain Supply today compared to previous decades. The stock-to-use ratio is one way of measuring supply and demand. It compares the “leftovers” to the total use of a commodity. You can see that the world grain stock-to-use ratio is at a low that we haven’t seen since the 1970s. In one of its research reports, BCA says that the implication is that the imbalance of supply and demand will “likely get resolved via a reacceleration in grain prices, which will encourage an aggressive planting program.” We believe this provides opportunity for global agricultural companies.

How does the fund differ from other commodity investments?