Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of fertilizer specialist CF Industries
So what: The USDA's announcement sent corn prices shooting skyward. As in any other industry, higher prices will encourage more production. And if farmers want to increase production, you can bet that they'll be knocking on the doors of fertilizer producers such as CF Industries.
Now what: The entire industry, including PotashCorp
Interested in more info on CF Industries? Add it to your watchlist.
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Fool contributor Matt Koppenheffer does not own shares of any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or on his RSS feed. The Fool’s disclosure policy assures you no Wookies were harmed in the making of this article.