2 Stocks Making Money From High Food Prices

With soaring food prices eating into consumers' pockets, it's time to start looking at ways to make money from rising prices. Two names that spring to mind are agricultural machinery stalwart Deere & Company (NYSE: DE) and crop protection and seed company Corteva (NYSE: CTVA). Both are great ways to play the theme. 

The agricultural and construction equipment company's stock was sold off heavily after its recent second-quarter earnings report. The problem isn't that Deere isn't receiving solid orders for its agricultural equipment. In fact, during the earnings call, management said, "At this time, our order book expands through the duration of fiscal '22 and even into early fiscal '23 for some product lines." 

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Source Fool.com