With prices for corn futures, wheat and soybeans on fire, the prospects for fertilizer companies like Nutrien have never been better. The stock trades at only 1.4x book value and pays a 3.5% dividend yield. Earnings surprises (like the prior two quarters) are likely to continue.
View On Corn (20 Jan 2021)
While everyone is myopically focusing (including myself), soft commodities world have been "quietly" running up.
And moving forward, I expect it go higher and higher as the "inflation" go up higher.
So, it is better to adopt BUY (or) Wait/Buy approach.
Remember CB (Central Banks) can prints money but they can't print food.
Let's...
hello traders, Welcome back to the corn chart.
we have mentioned the reversal point of the price action of the Corn chart.
Thank you and Trade safe.....
Ending my posts of major themes to look for in 2021, I want to end with the agricultural commodities. Particularly Corn, Wheat and Soybeans. The agricultural commodities are some of my favorite assets to trade, and I do not think many people pay too much attention to them. I focus on the three mentioned above, but you can also trade sugar, coffee, cocoa, orange...
