Agricultural Angst Ahead? (at Motley Fool)

Yesterday, Lindsay (NYSE: LNN) proved that it's not only eco-friendly, but also profit-friendly. On a quarterly basis, the irrigation equipment specialist saw revenues double, while per-share earnings nearly tripled to $0.90 diluted. Full-year results were nearly as fantastic. Over the summer, I singled out CNH Global (NYSE: CNH) as an equipment player benefiting from the Big Ag bonanza, and I pointed to AGCO (NYSE: AG) and Mosaic (NYSE: MOS) as two additional firms feasting on flush farmers. Lindsay's rousing results demonstrate that the ag boom is still in bloom. Or do they? The company fell far short of affirming a strong near-term outlook, saying instead that it was unable to assess the impact of recent commodity weakness and credit-market mayhem. Lindsay provided some reasons to be optimistic -- including the USDA's... [read full story]                    

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