Some very nice upticks last night in the staple grains complex. Could this signal the start of a renewed bull market in the grains ... watching the bell weather ag stocks (as evident from the last boom) - IPL, NUF and MAK ... very little pure leverage to the food scarcity story. RWD also did well last time but has since hit a brick wall in accessing its potash resources. All undervalued and did not participate in the stimulus fueled bull market of the last year or so (except IPL due to its cross exposure to the explosives market).
