This morning, most of the leading agriculture stocks are trading higher on the session. Mosanto Co (NYSE:MON) is a leading agriculture stock that has been in the spot light recently as they produce corn seeds that are not affected by the recent drought in the Midwest United States. Today, MON stock is trading higher by 0.72 cents to $86.92 a share. Short-term traders should watch for intra-day resistance around the $87.50, and $88.50 levels. The daily chart of Monsanto stock is still trading above the important 50, and 200-moving averages.
Some other leading agriculture stocks that are trading higher today include Agrium Inc (USA) (NYSE:AGU), Mosaic Co (NYSE:MOS), CF Industries Holdings Inc (NYSE:CF), and Potash Corp./Saskatchewan (USA) (NYSE:POT). All of these stocks are holding up well on the intra-day charts, however, the daily charts do not reflect the intra-day action. Traders must follow each of these stocks on an individual basis.