“Hot, dry weather has already been hitting key growth regions in both Brazil and Argentina,” Ticonderoga Securities analysts said, reported by Barron’s. “This is important because the corn crop is approaching the summer pollination stage.” [Agriculture ETFs Can Help Grow a Portfolio]
Monsanto (NYSE: MON) reported fourth quarter earnings that exceeded forecasts. Revenues have grown for the company due to genetically modified corn seeds that have filled demand in both Argentina and Brazil, reports Stock Croc on Seeking Alpha.
Market Vectors Agribusiness
Tisha Guerrero contributed to this article.