|Bid||0.00 x 1800|
|Ask||0.00 x 900|
|Day's Range||16.06 - 16.07|
|52 Week Range||15.39 - 18.60|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||3.68%|
Agricultural commodities have been under pressure over the past several months due to decent weather, increased productivity, robust supply and the threat of a global trade war. In this article, we'll take a look at the chart patterns from across the agricultural commodities segment. Many active traders turn to exchange-traded products such as the Invesco DB Agriculture Fund to get a broad sense of the overall state of the agricultural commodities market.
It is common for commodity traders to focus their attention on the agricultural markets in early August. In this article, we'll take a look at several charts that are used to track agricultural commodities and try to determine how active traders will want to trade the move. It is little secret that the bulls have struggled to push the price of agricultural commodities higher over the past couple of years.
Soft commodity-related exchange traded funds strengthened as China signals state giants to buy American grains in easing trade tensions between Beijing and Washington D.C. On Wednesday, the Teucrium Soybean Fund (SOYB) added 1.0% and Teucrium Corn Fund (CORN) was up 0.8% and Teucrium Wheat Fund (NYSEArca: WEAT) increased 1.5%. Additionally, the diversified iPath Series B Bloomberg Grains Subindex Total Return ETN (JJGB) , which includes corn, soybeans and wheat, advanced 0.8%. China is likely to ship more U.S. soy after Beijing signaled to state-run refiners and grains purchasers they should buy more to diminish tensions between the two countries, Reuters reports.
The corn market and related exchange traded fund took a breather after a multi-day winning streak that propelled corn prices to their highest since mid-2017. The Teucrium Corn Fund (CORN) was flat Friday after rising 5.2% over the past two-weeks on back-to-back gains. Meanwhile, CBOT corn futures were 0.1% lower to $4.075 per bushel.
U.S.-China trade tension escalates with the latter announcing new tariffs on a host of products. This puts these ETFs in focus.
After suffering from a supply glut that has dragged on grain prices, U.S farmers plan to plant less corn and soybeans this year, bolstering soft agricultural commodities and related exchange traded funds. ...
A wheat ETF climbed Wednesday, with soft red winter wheat futures rising to their highest level in over seven months, and broke through a key technical barrier on weather concerns over crop growth in the ...
CLS Investments' Rusty Vanneman offers ETF picks for investors with a globally balanced portfolio to enhance potential returns.