Editor's note: As part of our partnership with PBS's Nightly Business Report, TheStreet's Jill Malandrino will appear on NBR Monday (check local listings) to discuss why fertilizer stocks could help your portfolio grow in 2012.
NEW YORK (TheStreet) -- Commodities are slumping into the end of the year, overshadowed by the European sovereign debt concerns weighing on global growth and lessening demand for raw materials. But as corn enters 2012 with lower stockpiles and resilient demand, there are reasons to be bullish.Not all commodities are poised to move higher, but there are some bright spots, and that is why I am planting myself in the fertilizer space for 2012, with Mosaic ( MOS) as my top pick. So, what does the rising price of corn mean? Wouldn't higher commodity costs hurt agricultural names? Not in the case of the fertilizer space. This is a true global supply-and-demand story of "stuff" and consumption, and fundamentals have never been better. Many investors try to draw parallels between the macro concerns that have led to the extreme stock-market volatility of recent weeks and those that were prevalent in 2008, but I believe such comparisons are unwarranted for fertilizer shares.