NEW YORK ( TheStreet) -- Through the first months of 2010, the Market Vectors Agribusiness ETF (MOO) has been punished as a storm of bad earnings reports and sliding food prices pressures the fund below its 200-day moving average, but this slide may not be over.At the close of 2009, MOO was lauded by many as the go-to fund for investors looking for a chance to play a fertilizer industry turnaround in 2010. At the time, the global economy was well on the road to recovery and growth forecast in China's markets was seen as a catalyst for food demand. In order to keep hungry mouths fed, farmers would need to step up yields, providing the fertilizer industry with an ideal window for growth.
Agribusiness Bulls Led to Slaughter
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