Farm equipment maker John Deere (DE) reported stellar earnings this morning and the stock is currently +5% in the premarket which would put it right around all time highs if it holds in the cash session. The earnings were superb….
Fertilizer producer Mosaic (MOS) reported 2Q22 earnings after the close Monday. While earnings missed estimates and the stock is -3% as a result, I couldn’t care less because they were phenomenal. Revenue increased 92% compared to a year ago and…
Agricultural commodities (i.e. food) are increasing in price for the same reason that all commodities are: extraordinarily loose monetary policy for almost 15 years – and especially post-COVID. Obviously food is a necessity which means that as inflation squeezes consumers’…