Value Microcaps Food, Agriculture and Soft Commodities

[kipp440]

nuts, ag dump may provide buying op of the year.

Corn planting is way behind normal. It looks like the weather is going to continue to be the story in ag. I can see Wall Street saying the switch to soybeans from corn is going to cause a glut in fertilizer and a price collapse. The next headline will proclaim the bursting of the ag bubble. BUT, what they don't understand is that corn prices will explode and the fall fertilization will be unlike anything US soils have ever seen. Farmers will contract $8, $9, $10 corn and then fertilize the ground for 200 plus bsl/acr yields. Any leftover fertilizer from this spring will be snapped up in hours when the producers project fall prices. Potash producers will have an "early fill program" for fall that will read like this: Potash delivered in June will be $800/ton, July $900/ton, August - October $1000/ton. My advice is to watch this closely and pounce on any sell off that may occur, it will be fast and furious!

I will dig up planting stats and post them here.

Thanks for all of your picks and sharing on the VMC boards!

Kipp