Loading…
Morningstar reported the US Basic Materials Index rose 3.9% quarter to date while the broader market declined. The firm sees the most opportunity in agriculture stocks, which it believes are undervalued due to fears that tariffs will reduce demand for ag inputs.
This is equity-focused commentary on fertilizer and ag input producers with no new supply or demand event for feed commodities. It offers limited direct price signal for feed buyers.
morningstar.comSeth Goldstein, CFA, Larry MacDougal via APApr 2, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
