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To: - with a K who wrote (73226)	10/12/2006 11:32:59 PM
From: 8bits	Read Replies (1) \| Respond to of 206184

OT: Wheat <<<<This may sound crass, but how do you make money off a pending wheat shortage? I'll feel bad for Australian wheat farmers but the farmers in my home state should benefit from higher prices, as they help us rank #5 among all states in wheat production (7% of total US value).>>>>> In response to your query - Possibly: Saskatchewan Wheat Pool finance.yahoo.com swp.com Edit: I see somone already mentioned SWP. From a newsletter I receive: " Buy the Deutsche Bank commodity ETF (DBC) or buy companies that benefit from richer farmers. The Deutsche Bank commodity ETF tracks the prices of six basic commodity futures: light sweet crude (35%), heating oil (20%), aluminum (12.5%), corn (11.25%), wheat (11.25%), and gold (10%). While it’s not a pure play on grain, corn and wheat carry heavy weightings in the ETF. As for stocks, I suggest investigating John Deere (farm equipment), Lindsay Manufacturing (irrigation equipment), and Agrium (ag chemicals)."

To: - with a K who wrote (73226)	10/14/2006 10:11:34 AM
From: gcrispin	Read Replies (1) \| Respond to of 206184

With a K, There is a Wheat ETF that trades in London. ifilive.com The significance of that fact is that, in my opinion, there will be commodity ETFs eventually traded on US markets. On another note, I, too, am glad that Washington wheat growers are dong well. I own a small parcel of land (by farming standards) west of Spokane that has been in my family for over a hundred years. I lease the land and soft white wheat is grown on my property. Farming is a tough business, so the high prices now will help decent families trying to make a decent living. I have no sympathy for the Australian Wheat Board. Please read the arguments against a single wheat board in the Wikpedia link. ifilive.com Some of the companies mentioned are interesting plays. AGCO has more of an international presence than John Deere. So I don't see them benefiting. Higher prices will prevent land from going into CRP. In fact, some marginal land could come out. Fertilizer companies like Agrium would be my choice. That said, the international wheat market is very complicated and ever changing. To get a flavor of that I suggest you read the Washington Wheat Commission article on pg 39 in the October Wheat Life issue. A link is provided below to the issue. wheatlifemagazine.com