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The biggest trade of the year for 2012 is "ag," says Dennis Gartman. “Agriculture and the...

The biggest trade of the year for 2012 is "ag," says Dennis Gartman. “Agriculture and the ability to ship the agriculture around the world – those are the two things to pay attention to.” With Europe in a drought, and American farmers producing a bumper crop this year, Gartman recommends owning anything to do with agriculture and the shippers who move corn. His favorite picks: Diana (DSX) and DryShips (DRYS).
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Comments (8)
  • Larry Smith
    , contributor
    Comments (2851) | Send Message
    I didn't know the corn crop was already harvested. good to know it was a bumper crop.
    2 Apr 2012, 08:51 PM Reply Like
  • Drew Robertson
    , contributor
    Comments (371) | Send Message
    F*ck Corn go Soy S>C
    2 Apr 2012, 09:26 PM Reply Like
  • Tom Armistead
    , contributor
    Comments (5864) | Send Message
    Good luck to Dennis with Dry Ships. He'll need it.
    2 Apr 2012, 09:49 PM Reply Like
  • David Urban
    , contributor
    Comments (1036) | Send Message
    Considering BHP just declared force majeure once again due to Australia rains I expect the BDI to fall once more.
    3 Apr 2012, 01:35 AM Reply Like
  • mike mohr
    , contributor
    Comments (452) | Send Message
    Now its time to sell their GARBAGE. We saw how Goldman pump it to $150 to only short it to $3.
    2 Apr 2012, 11:08 PM Reply Like
  • Zach Tripp
    , contributor
    Comments (474) | Send Message
    Mike Mohr, can you elaborate for me in regards to what he pumped up and at what time? How do you know his short position?


    I heard his theory today also and think it is much more of a long-term thesis.


    In the short-term, what companies can benefit from cheap corn?
    2 Apr 2012, 11:43 PM Reply Like
  • Wyatt Junker
    , contributor
    Comments (4501) | Send Message
    The chart of TNH has been a beast.
    3 Apr 2012, 12:47 AM Reply Like
  • 22thoroughbred
    , contributor
    Comments (556) | Send Message
    Interesting idea from Dennis as today I was speaking to my horse trainer who said hay and feed for the horses has skyrocketed in price and the really good stuff isn't even available as it is all being shipped to China. An actual source who uses the stuff on a daily basis seeing the results first hand.
    3 Apr 2012, 02:20 AM Reply Like
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