If you have been to the grocery store lately, you have noticed that almost everything – from milk to eggs to meat – costs more. You have probably heard that this is due to an increase in corn prices, which affects what you pay for many other products.

Agriculture is booming and shows no sign of slowing down. So anything agriculture-related should do well in your portfolio for the foreseeable future. But one company is perfectly positioned to capitalize on the agriculture frenzy.

Archer Daniels Midland (ADM) operates in three agricultural segments: oilseed processing, corn processing, and agriculture services. Adding ADM to your portfolio can expose you to this bull market without limiting you to one commodity. Look to pick it up if it can break through the $47/share level. That would mark a new high, and eliminate any pre-existing resistance levels.

For more on the bull market in agriculture, be sure to read Jon Herring ‘s article in Investor’s Daily Edge Unplugged.

[Ed. Note: Rick Pendergraft is a professional trader and market analyst. In Rick’s new investment service, he reveals how you can make hundreds – even thousands – of dollars just for playing a simple game of “guess the pattern.”]

Inspired by his high school economics teacher, Rick Pendergraft fell in love with the markets at an early age. He entered his first investing competition at 17, and opened his first brokerage account before he finished college. At the age of 23, on the third options trade he had ever placed, Rick turned $1,800 into $22,000 in less than a week, when the company he bought became the target of a takeover. He admits it was a stroke of luck, but it was a memorable education as to the leverage that options can provide. After a ten year career in banking, Rick decided to pursue trading full-time. To get his foot in the door, he started out in the sales department at Schaeffer's Investment Research. It was not long before his talent was recognized and he was invited to apprentice under Bernie Schaeffer, one of the top options traders in the world. Rick thrived in his new position and twice received the award for "Top Trader."Rick has developed a loyal following of readers who are grateful for his timely warnings and profitable advice. He is widely recognized as a market expert and has been frequently quoted by Reuters, BusinessWeek, Forbes, USA Today, the New York Times, and the Washington Post. Rick's primary focus is on identifying short and intermediate term rising and falling trends in the major market sectors. His analysis is based on technical factors along with indicators of market sentimentRick lives near Delray Beach, FL with his wife and three children.