Barron's: Steamy El Niño Could Puff Up Rice Prices
By SIMON CONSTABLE
Get ready for a rally in rice.
A combination of low levels of usable inventory for the grain and the high likelihood of poor growing conditions could cause futures prices to rise. That would reverse a multiyear drop in prices. Agrium (ticker: AGU) and Mosaic (MOS) should benefit as demand builds for crop nutrients and protection. Read more here.