Agro Sector Ideas

[wow_happens28]

Nice article gfp. I am looking for a so so market until next years cheatlection. Then, the chit hits the stock market. I analyzed a baskey food stocks in the March 200 to Otober 2002 bear market. In the 30 month period the internet bubble NASDAQ lost 66% of its value. The S&P 500 lost 50%. My food basket had a slight gain plus any dividends.

Weather wise, the "bread basket" from Texas all the way to Canada is is a major drought. If that drought does not end, food commodities should do quite well with the negative press. I will add that in the last big drought in that area, they did OK because of the massive irrigation systems they have.

My bottom line is I like food stocks, but might like them better in 21 months.