Is Monsanto Really a Tech Play?

On December 27th of last year I made a call on Monsanto (MON) at $112.43
per share on theupdown.com and since is up 26.86%. There was plenty
of static with the call as the name had already had a pretty good
run up. I have owned it in my brokerage account since it traded for
$66.13. Even at this price I still believe the stock is a long term
play on world agricultural technologies. Its hard to believe on
March 10th of 2003 this stock sold for just $7.03 a share. These
types of runs are generally not long lived, and investors have lost
huge sums of money not taking any off of the top. If you have made
gains I would take some profits, but I still think this is a good
investment going forward.

The reason to invest in Monsanto is the current state of agriculture. The US is flourishing for demand for corn from ethanol and wo