The Company is engaged in procuring, transporting, storing, processing, and merchandising agricultural commodities and products.
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Great long-term growth stock currently beaten down by drought-related price swings in corn prices. Stock sells at a below market PE (13X) a PEG ratio of 1.3 and is actually trading below book value. Has a 36 year record of dividend increases and a payout ratio of just 35%. After steady insider selling back in the spring when the stock was 30% higher there have been three buys between $25 and $26. Short-term there may be more volatility but its propably a good stock to tuck away for the long haul.