Agricultural Stocks in Play
This article originally ran March 28 on OptionsProfits, and a slightly updated version is below. Bob will team up with Jill Malandrino of OptionsProfits for a free webinar on Wednesday, May 9 at 6 p.m. EDT, the first-ever Real Money/OptionsProfits team-up, with an exciting, interactive Q&A session to end it off. You can sign up here . Bob and Jill will cover the fertilizer space and some of their best plays for the second half of 2012.
March 30 was a big day for farmers, commodity traders and grain prices all over the world. That is the day the Department of Agriculture released the prospective planting report, which affects futures prices for corn, soybeans and other grains. There was more clarity in this report than there was in the prior estimate just a few months back. Weather has been a major issue so far this year, especially in South America, where crop plantings have been slow to start. The spring planting season is the biggest of the year for farmers, and as crop estimates for corn continue to decline, the price for the commodity has firmed up....350 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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