Cramer's 'Mad Money' Recap: The Politics of Corn

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"The midterm elections are over, and it's immediately time to start looking at the 2008 presidential campaign to make money off politics," Jim Cramer told viewers of his "Mad Money" TV show Friday.

He believes that Agrium (AGU) and Mosaic (MOS) are two "perfect plays" off the primaries.

Entering "the presidential pander season," Cramer said it's time to look at Iowa, as this is where are all the presidential candidates will start going for the caucuses. He said they also will go there because corn production has become important.

"The driver behind corn is the ethanol demand," Cramer said. Not only has there been a huge addition to the demand in ethanol, but also corn yields are down 1.5%. "Corn yields must come up, and money will be spent to bring them up," he said.

Farmers will most likely buy more fertilizer to produce more corn and then will sell the corn to companies that will convert it to ethanol, Cramer said. Mosaic and Agrium are two fertilizer companies he believes people should consider buying.

He advised buying and holding the stocks and selling them into the presidential caucuses in 2008.

On a separate note, Cramer said he is "outraged" with Citigroup (C), as it has not given any indication as to why the stock surged today.

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