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March 05, 2010

Agribusiness Banking Crops Up Anew on Wall Street: The fragmented industry is estimated to generate as much as $1 trillion in revenues annually

By Kelly Holman

Charlie Rentschler is not your typical Wall Street professional. When he’s not poring over the financials of agriculture machinery companies, he’s tending to his Indiana farm where he raises corn and hogs on 200 acres.

As an equity research analyst at Morgan Joseph — he joined the banking boutique firm in January — he tracks agriculture company stocks like those of Agco Corp., Deere & Co., Hemisphere GPS, Monsanto Co. and Potash Corp. As he sees it, Wall Street and its investors suddenly can’t get enough information about agriculture.

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