So far, it appears that demand is not an issue.
We have two price targets.
Stay with the long side, and here's our price target now.
Here's our outlook for shares of the agricultural company.
Let's check the charts as a window into the possible future of commodity prices.
It's possible, but unlikely, as we've yet to see the commodity complex hold gains forged in a bull market.
These recently downgraded names are displaying both quantitative and technical deterioration.
Since the 1970s, the link between high prices and more supply has become broken.
Three of these stocks are trading down for the year to date but could see their prospects improve should food shortages materialize.
The impact of the war in Ukraine on food supplies and the effect of Fed rate hikes on the pace of the economy are big concerns moving forward.