Yongye International and Monsanto Post Surging Revenues in New Markets
April 18, 2011 8:16 AM ET.
As the world becomes more populated and developing nations such as Brazil, India and China experience a rapidly expanding middle class, the demand for quality food is growing. Companies in the Agricultural Chemicals industry are poised to post a surge in revenues this spring as farmers intend on planting more corn and wheat to take advantage of higher prices. The argument is that farmers will need the best fertilizers and other agricultural inputs in hopes of producing the largest yields possible; therefore, the companies that are selling products to the farmers are expected to profit. The Bedford Report examines the Agricultural Chemicals Industry and provides research reports on Yongye International, Inc. (NASDAQ: YONG) and Monsanto Co. (NYSE: MON). Access to the full company reports can be found at:
Earlier this month Monsanto said its second-quarter profit increased 15 percent compared to last year as rising corn seed prices boosted revenues. Monsanto said it saw higher branded corn sales in Brazil, the United States and Europe in the quarter. The company also said its cotton business is performing well this year.
Sales increased 10 percent at Monsanto's agricultural productivity unit, which includes Roundup and other glyphosate-based herbicides.
The Bedford Report releases regular market updates on the Agricultural Chemicals Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.
Recently, Beijing-based Yongye International said its revenues for the three months ended March 31, 2011, were $50.2 million -- more than double last year's first quarter revenues of $24.9 million. Yongye says that the surge in revenues was "driven by higher demand for the company's products in its traditional markets, and growth in several new markets."
Yongye produces and markets two lines of organic nutrient products: a liquid nutrient product which is sprayed on plants and a powder nutrient product which is added to animal feed.
The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer.
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difficult to say what is emotional buying or emotional selling :)
I think investment is based on each person's opinion of what the value or lack of value of the company is and based on some technical analysis buying and selling, not sure if emotion is word I would use.
For those of us who've bothered to spend time on DD it confirms what we already know.
For others who are less familiar with the stock it is further confirmation of this very compelling story in China.
For shorts who have based their investment decisions on other peoples "innuendo" and "factless claims" it should serve as a big red flag that perhaps they are wrong.