The soaring price of major grains corn, soybeans and wheat has a number of agriculturally related stock generating interest, as they soar in price, including firms like Monsanto (NYSE:MON), DuPont (NYSE:DD) and Dow Chemical(NYSE:DOW), which have had coverage initiated on them by Credit Agricole (OTC:CRARY).
Lower estimated crop yields in the sector are the reasons behind the surge in prices.
Monsanto and its nemesis DuPont were both started off with "Outperform," while Dow Chemical received an "Underperform" rating from Credit Agricole.
Dow Chemical closed the trading session on Wednesday at $29.82, rising a penny, or 0.03 percent. Credit Agricole has a price target of $88 on them.
Dupont finished at $46.88, gaining $0.59, or 1.27 percent. A price target of 54 has been placed on the company.
Monsanto performed the best of the three Wednesday, reaching $54.69, a gain of $2.44, or 4.67 percent. They have a price target of $60 a share.
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