Potash (NYSE:POT), Monsanto (NYSE:MON), Mosaic (NYSE:MOS), CF Industries (NYSE:CF) Has Attractive Valuations Says Morgan Stanley (NYSE:MS)

Saying they believe corn prices at about $5 a bushel appear to be sustainable, Morgan Stanley (NYSE:MS) sees a number of companies in the agricultural sector doing well based on strong valuations, including Potash (NYSE:POT), Monsanto (NYSE:MON), Mosaic (NYSE:MOS) and CF Industries (NYSE:CF).

As far as processing companies, Morgan Stanley likes Archer Daniels Midland (NYSE:ADM) over competitors Corn Products (NYSE:CPO) or Bunge (NYSE:BG).

Potash was trading at $140.62, up by $0.37, or 0.26 percent at 12:00 PM EST. Monsanto was at $60.71, gaining $1.26, or 2.12 percent. Mosaic was at $70.01, dropping $0.04, or 0.06 percent. CF Industries was up to $118.09, rising by $0.38, or 0.32 percent.

Archer Daniels Midland traded at $29.61, down $0.05, or 0.17 percent.
Corn Products was at $44.75, falling by $0.54, or 1.19 percent. Bunge dropped to $61.09, down by $0.43, or 0.70 percent.