Market Vectors Agribusiness (NYSEMKT:MOO)

CAPS Rating: 4 out of 5

Exchange traded fund

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3
Player Avatar Mike00m (< 20) Submitted: 6/6/2008 3:41:33 PM : Outperform Start Price: $58.92 MOO Score: -48.88

As food prices surge around the world it should create renewed interest in agriculture and suppliers to agriculture. Increased food prices and larger margins will allow produces to reinvest into more efficient equipment, benefiting suppliers. Additionally, the shift to Bio fuels is increasing demand for agricultural equipment and chemicals.

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