MOO: I Reiterate My Buy Recommendation For This Pick-And-Shovel Play

VanEck Agribusiness ETF is reiterated as a Buy below $85, supported by robust agribusiness fundamentals and demographic tailwinds. MOO's diversified holdings in leading equipment, fertilizer, and processing companies position it to benefit from rising agricultural commodity demand. Geopolitical risks, fertilizer supply concerns, inflation, and weather uncertainty are driving higher agricultural input costs and supporting bullish agribusiness trends.