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Fast Money

No. 3 - Corn Crazy

Last week the USDA reported that farmers have planted almost 93 million acres of corn in the US.  That’s 19% more than last year, and the highest total since WWII when the US had entire armies to feed. How do you trade this corn craziness?

Eric Bolling says own the Fast Money Ag play. In case you wondering what Eric means, on March 29th Eric recommended 4 stocks in the agriculture space. They were Bunge (BG), Monstanto (MON), Agrium (AGU) and Deere (DE)

Today, Eric tells the panel he likes Terra Nitrogen Company, (TNH) and addshe bought corn Monday on a dip.

Pete Najarian recommends Mosaic (MOS) as well as Agrium (AGU), Potash (POT) and Monsanto (MON).

Corn Crazy

> More on The Fast Money Ag Play

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Trader disclosure: On July 2nd 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders
Macke Owns (DIS), Najarian Owns (CBH), (IMMR), (ZQK), (NOK); Bolling Owns (DIS), (T), Natural Gas, Corn; Vivendi Owns 20% Of NBC Universal, The Parent Company Of CNBC; CNBC Is A Service Of NBC Universal And Dow Jones