Tuesday, January 12, 2010

Experts: Invest in Corn, Coffee, Coal and Rice

Commodities are still a good bet for investors, experts told CNBC. Commodities such as corn, coffee, coal and rice will produce good returns in 2010.

Agriculture stocks such as coffee and big grains such as corn remain a good investment because they have not attracted attention like gold.

“I'm looking at agriculture primarily because it is the commodity sector that hasn't been overrun with investors this year,” said Mark Hansen, director of Trading at CPM Group, New York, CNBC reported.

Corn is a strong commodity performer, partly fueled from high sugar prices and a government mandate for an increase in ethanol usage, Hansen said. (more)

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