There has been a surge in agriculture-related commodities of late: Wheat, Corn, Soybeans are among the leaders.
As a result, Ag-related stocks caught a bid this week: $AGU $DE $MON $CF $POT.
Interesting how Farm & Construction Equipment have been rallying for weeks now: $JOY $CAT $MTW $TWI $TEX.
Others that benefit in Farm Products arena: $ADM $BG $DBA $SEED $GROW.
And some packaged food companies that may suffer as margins get squeezed from higher food costs: $TSN $PPC $CAG $HRL $MKC
Let’s see if the bull market moves into the Ag space, and out of some Food plays, for more than a trade.
Happy Fishing!
