Agricultural commodity prices have remained high with strong global demand and poor weather in Australia and South America.
These prices are expected to hit the grocery store shelf sometime over the next year.
Making money in the stock market from this trend has not been easy. Agricultural equipment and fertilizer stocks are at very high prices and P/E ratios making them unattractive from a value perspective.
The Agriculture ETF (DBA) remains the best play in this space.
Tuesday, December 18, 2007
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