Higher prices for food, coal, oil and gas may be trouble for consumers, but a rise in commodity prices has propelled the stocks of companies that do business in rural America.

"> Rural Companies Continue to Best Dow, S&P - Daily Yonder

Rural Companies Continue to Best Dow, S&P

Higher prices for food, coal, oil and gas may be trouble for consumers, but a rise in commodity prices has propelled the stocks of companies that do business in rural America.

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The Yonder 40 — DY's index of 40 publicly traded companies chosen to reflect the rural economy — continues to outpace the other major stock indexes. The 40 rose last week a fraction while both the Dow Industrials and the S&P 500 fell.

No major news moved the Yonder 40. Meat producers continued to have their troubles. Smithfield foods dropped nearly 17% and Tyson was off 9%. Both companies have been pressed by higher feed costs.

Rural retailers, meanwhile, had a good week. Stage Stores, Tractor Supply, Family Dollar and Cato Corp. all showed strong stock gains.

The Yonder 40 broke away from the S&P and Dow in the Spring, riding higher commodity prices that lifted oil, gas, coal and farm supply stocks.

Below is the full accounting of the Yonder 40 for the week ending August 29, 2008:

Yonder 40 Ticker Price August 31 Price Change 8/22 to 8/29 Percent Change 8/22 to 8/29
Alico Inc. ALCO $43.15 -$1.38 -3.1%
Andersons Inc. ANDE $44.96 $0.29 0.6%
Burlington Northern Santa Fe Corp. BNI $107.40 $3.93 3.8%
Berkshire Hathaway BRKB $3,902.00 $32.00 0.8%
Bassett Furniture BSET $10.28 -$0.23 -2.2%
Peabody Energy Corp. BTU $62.95 -$1.56 -2.4%
Cabela's Inc. CAB $12.25 $0.26 2.2%
ConAgra Foods Inc. CAG $21.27 -$0.83 -3.8%
Cato Corp. Cl A CTR $17.61 $0.66 3.9%
Citizens Communications CZN $11.68 $0.00 0.0%
Deere & Co. DE $70.57 $3.03 4.5%
Dean Foods Co. DF $25.17 $0.16 0.6%
DIRECTV Group DTV $28.21 -$0.43 -1.5%
Family Dollar Stores Inc. FDO $24.92 $0.36 1.5%
Fleetwood Enterprises Inc. FLE $2.14 -$0.14 -6.1%
FairPoint Communications FRP $8.85 $0.28 3.3%
Gaylord Entertainment Co. GET $34.65 $1.87 5.7%
Hormel Foods HRL $35.66 $0.10 0.3%
International Speedway Corp. ISCA $39.67 $1.82 4.8%
Lee Enterprises LEE $3.75 -$0.12 -3.1%
Mohawk Industries Inc. MHK $69.05 -$0.04 -0.1%
Monsanto Co. MON $114.25 -$3.82 -3.2%
Mine Safety Appliances Co. MSA $36.33 -$0.67 -1.8%
Southwest Bancorp OKSB $16.84 $0.14 0.8%
Plum Creek Timber REIT PCL $49.62 $2.38 5.0%
Penn Virginia Corp. PVA $66.18 $2.84 4.5%
Ralcorp Holdings RAH $61.40 $1.44 2.4%
Regions Financial Corp. RF $9.27 $0.79 9.3%
Sturm Ruger & Co. RGR $7.30 $0.13 1.8%
Smithfield Foods SFD $20.11 -$4.04 -16.7%
Skywest Inc. SKYW $17.09 -$0.03 -0.2%
Southern Co. SO $37.51 -$0.28 -0.7%
Stage Stores Inc. SSI $15.92 $0.43 2.8%
Tractor Supply Co. TSCO $42.62 $0.87 2.1%
Tyson Foods TSN $14.52 -$1.49 -9.3%
UST Inc. UST $53.59 -$0.39 -0.7%
Waddell & Reed Financial Inc. WDR $32.20 $0.88 2.8%
Walter Industries WLT $93.80 -$0.09 -0.1%
Wal-Mart Stores WMT $59.07 -$0.37 -0.6%
Cimarex Energy XEC $55.54 $2.53 4.8%

 

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