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Charles Gets Dirty with Agriculture Stocks

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  • Description

    FBN’s Charles Payne on why he is investing in agriculture.

  • Duration 2:50
  • Date

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On the economy by the -- out of -- right now make -- -- Charles -- and he's getting his hands -- with an agriculture stock that's it came today guys that -- preannounce -- -- a mosaic fertilizer company potash.

Phosphates -- -- that -- they give an update on their earnings guidance may said things are looking much better at the top end of the range.

We had a stronger early spring season here in America and around the world.

This is a stock that's been beaten down pretty bad affect the entire space has been beaten down pretty bad I know -- -- -- than it nevertheless the cut.

Nevertheless 78 million net new people on -- planet last year.

So this is a global story is a global story there's the story about people being richer.

Wanting more -- I mean almost a billion people in this world undernourished but this really about.

People prospering and demanding more from their food supply.

It does does -- benefit from food inflation as a get hurt by by food inflation.

I'll I think it says it benefits in the sense that the driving forces behind food inflation when is that artificial -- a lot of people -- prosperity.

Then there's a greater demand right now they don't have a lot of pricing power that was the key to the days news from them a little bit of pricing power as you see supplies come down.

These stocks may take off they really take off and is -- trading lesson two times book and two time cells right.

We hit its all about the emerging middle class in the rural country affluent San Jose is a perfect play for that -- and on about global growth train.

For united and I did talk in the brick countries and talking at a step below that's -- Below that -- piece it's on fire image is seen them -- as -- shared 18% GDP.

You know around the world people are starving -- while we have literally and figuratively.

Thank you seem to like buying and dogs -- -- -- -- -- its battered and and you go and look at it is there some -- you follow for window I buy and -- -- a -- -- -- target to two buyer above that they did signal today with the good news for management you know so -- the today at least some following management's -- but you're right it's up picking -- of falling -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Virginia she's 44 -- -- there was an old formally that says you take a hundred did take a hundred minus.

That's wrong we live too long to do that anymore do we -- you like installed tomorrow absolutely like today.

That's all about we're out of -- also.

We take a 120.

We might answer rates so that would mean 76% to stocks for real negative.

-- and maxim bonds I'm not a bond guy who -- -- gold because inflation will be them up mom monster down -- wrote in that 4% miscellaneous land antique guitars.

Whatever you want.

That will retain value outside of the stock market -- thank you may call out to thank god did have a.

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