Date updated:11-21-2006
Although Crude Oil and Gold always hog the headlines when it comes to the commodity markets, the grains markets (wheat, corn, soybeans) have had a fantastic run in the past 2 months.
The move started with Wheat: (http://tinyurl.com/yfauoo) then spilled over to Corn (http://tinyurl.com/yj2uwk) and the Beans (http://tinyurl.com/y9hes3)
All of this has happened while most commodities have not gone anywhere on average and are near yearly lows, as witnessed by the CRB index (http://tinyurl.com/ykbt47)
So I was curious about what's happening to the companies that work in producing, processing and selling these grains. Figuring out a trade to do is complicated. On the one hand these companies are tied to booming grain commodities, but on the other hand they are also tied to the whole ethanol/alternative fuels sector which isnt going to be doing well if Crude Oil continues to make new lows.
So for now, this portfolio is just something to monitor.

-
NWD
New Dragon Asia C - $0.1298
- +1.49%
- $0.12
Three words. Grains, Ethanol, China. Im keeping a close eye on this one

-
MGPI
Mgp Ingredients - $5.56
- -2.97%
- $5.75
Producer and developer of many grain products

-
CAG
Conagra Food Inc - $22.35
- -0.09%
- $22.38
A big foods conglomerate

-
ADM
Archer Daniels Md - $31.62
- +0.16%
- $31.43
One of the biggest in harvesting and processing corn and oilseeds

-
CPO
Corn Products Int - $28.21
- -1.74%
- $28.50
An integrated corn company

-
BG
Bunge Ltd - $63.31
- -0.16%
- $63.28
One of the world's biggest processors of soy products.
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