Up nicely the last few days. Crop conditions will propel it above $30 this summer. Best of move will be in next 30 days.
Here we go! mid-August target: $34.
"DBA starting its move to $30+ by July"Great call.Don't quit your day job.
"by July" means by July 31. Just watch. The heat is ON! The crops will be in TROUBLE.
May hit $26 next week. $30-32 may be reached in August if weather continues to challenge crops, which I expect. Aug. $26, $27 calls seem cheap for speculation.
I believe it when i see it, this etf is a scam, just like the ung and uso, all scams...
Do you think the poor conditions in Sask. Canada has anything to do with climb in commodity prices. Apparently very wet conditions is the problem. standing water on fields etc.
Sas. has a role, plus droughts in many places--Africa/India/SE Asia etc. Other areas like Sas. have excessive water. Plus the lower US dollar in the past few days has propped up ag prices.