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The One Stock That Can Protect You From California's Latest Weather Disaster

If you live on the East Coast like we do, we're betting you are paying only passing attention to the winter rain and snow that has ravaged California recently.

That's a mistake.

Just months after ending a five-year water shortfall that is historic in scope, the California landscape has been pelted with more than 27 inches of rain this winter - the most since record-keeping began in 1895.

And the potential implications for the state's agricultural business are terrifying.

Remember, we're talking about a region that provides most of the nation's fruits and vegetables - including 99% of our artichokes, 90% of our leaf lettuce, 89% of cauliflower, 94% of broccoli, 95% of our canned tomatoes, 88% of our fresh strawberries, 84% of our peaches and 97% of our fresh plums.

And the wind-whipped storms that are ravaging California might have already claimed their first produce victim of the season - its $5.3 billion almond industry.

For years, California's nut boom defied gravity. The production, bearing acreage, prices and total value of walnut and almond crops have been rapidly growing for the past two decades.

But farmers are now saying the record rains could damage and delay some crops, leading to shortages and higher prices.

However, the cruel hand of nature has proved a blessing across the Pacific Ocean.

Specifically, Australian producers - who rank second in almonds, with a 7% market share - are going to profit handsomely from the coming price hikes.

Which is great news for our "Green Revolution" play - Rural Funds Group (ASX: RFF).

Let's take a look...

  1. Earl Hellerman | March 24, 2017

    BILL IT TRADES AT AS RFNDF: GREY MARKET(UNIT TRUST FUND)

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