Monday, April 2, 2007

Plays on corn boom.

Lately I have been scouring news for investment/trading ideas. The article "Ethanol Creates A Pricing Puzzle For Corn Farmers" caught my eye. It says "Across the plains, farmers are placing big bets on where the price of corn will go in 2007. They are preparing to plant more corn than they have in decades, spending more on seed and fertilizer, investing in new equipment and buying crop insurance against the possibility of bad weather." So, I have started searching for possible plays on corn seed, fertilizers, equipment (planting, harvesting and more) and insurance.

Monsanto (MON) seems to be a good play on seeds. Haven't found rest of the plays as yet. If you happen to know of any, feel free to post your comment.