WSJ has article about earnings expectations before they were released. Once this quarter was usually a loser, but now Brazil and Argentina are becoming no 2 and 3 markets for seeds after the US.Strangely the article does not mention Dupont, but lists Syngenta, Deere, Potash, and Mosaic.Once again, high grain prices mean farmers are likely to plant every available field, but the drought last year crimps resources. Equipment sales as at Deere might be limited to the essentials until earnings recover. Seeds and fertilizer (nitrogen and phosphate) seem likely to do best. (Potash seems to be having troubles with new competition from Russia in their usual Asian export markets.)
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