iPath DJ-AIG Agricultural Index (JJA)

(A Top Pick Jan 11/08. Down 32.3%.) Sold March/08 at about a 10% profit. Excellent vehicle going forward, but like everything else would like to see signs of the market picking up. Commodities like wheat, corn and soybeans are going to be a very strong export staple for the US going forward.

(A Top Pick June 4/07. Up 17%.) Given all the furor about crop prices and the likelihood of price weakness in wheat, there may be some temporary stalling. If you own, consider taking some profits and going in at a lower rate.

The agricultural cycle is a generational play of 20 to 25 years. 75% soybeans, wheat, corn, sugar, cotton and coffee. For a more speculative play, you could use the Grains Index (JJG-N).