Monsanto (MON), Mosaic (MOS) Leading (MOO) Up

Shares of Monsanto (NYSE:MON) and Mosaic (NYSE:MOS) are helping push Market Vectors Agribusiness ETF (MOO) up, while the iPath DJ-UBS Cotton ETN (BAL) is up over 5 percent today on positive production comments.

The Department of Agriculture reported greater production by U.S. cotton farmers, as well as for soybean and wheat farmers as well, as agricultural prices are jumping again.

Farmers have been increasing inputs on the basis of rising food prices and demand, which appears to be not going away any time soon.

Even with the unrest in the Middle East and other concerns, people have to eat, and governments will do what they must to be sure they are in order to quell potential riots which is already unseating leaders.