Agriculture has been overlooked as an asset class for many years, other than by sophisticated, high net worth investors. The primary reason for this overall neglect is that until recently farm productivity has been able to keep pace with increasing demand. Food supply has just not been an issue. There are signs everywhere that this equilibrium is failing as the largest cohort of consumers in history begin to make the transition out of emerging economy standards of living. The new demand they create for agricultural commodities to be used as food, feed and fuel is unprecedented.