|Bid||0.0000 x 1800|
|Ask||0.0000 x 1800|
|Day's Range||18.8734 - 18.9500|
|52 Week Range||17.2700 - 19.6400|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||3.63%|
May.02 -- The ETF industry has something for everyone -- the Teucrium Soybean Fund ETF (ticker: SOYB) is a derivatives-based fund with more than $15 million in assets. It offers a pure play exposure to soybeans using three different futures contracts. In this week's "There's an ETF for That", Bloomberg's Scarlet Fu explains.
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.
Soybean prices climbed Monday, poised for their strongest one-day gain in more than a month, as the U.S. declared an apparent truce in its trade spat with China. On Monday, soybeans for July delivery (SN18.CBT) rose 26 3/4 cents, or 2.7%, to $10.25 1/4 cents in Chicago, marking their highest settlement since May 4.
It's Surprising that President Trump Isn't Tweeting about ThisUS trade deficit saw largest monthly decline since 2009
The ETF industry has something for everyone -- the Teucrium Soybean Fund ETF (ticker: SOYB) is a derivatives-based fund with more than $15 million in assets. It offers a pure play exposure to soybeans ...
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. ...
The challenging situation surrounding Facebook’s data leak attracted lawmakers and put other technology companies in the limelight this last week. Trump’s latest attempt to reduce America’s large trade deficit with China sparked concerns over retaliation measures aimed at companies exporting grains, particularly soybeans. Inverse volatility made a comeback on the list due to renewed fears of escalating trade tensions, while gold proved its safe-haven status by capturing the attention of investors seeking refuge from agitated markets.
Commodity Index Import tariffs announced by the Trump administration threaten to spark a global trade war that could put a dent in the U.S. agricultural market—and domestic soybean prices could suffer the most. U.S. trading partners worldwide have threatened to retaliate against tariffs on steel and aluminum and have voiced similar sentiments about previously announced import tariffs on residential washing machines, as well as solar cells and modules, earlier this year. While China could pose the biggest threat to soybean prices, Canada and Mexico could target a broader array of agricultural products with tariffs.
Federal Reserve Bank of Chicago President Charles Evans said technology is disruptive and may be causing disinflation. Mr Evans implied that Amazon is killing inflation. I disagree with his conclusion because when you look at all the components that comprise inflation, a slew of commodity prices
Nearby resistance on key commodity-related charts suggests the bears are taking control of the momentum and that the downtrend is likely to continue.