|Bid||15.52 x 900|
|Ask||16.08 x 2900|
|Day's Range||15.65 - 15.73|
|52 Week Range||15.26 - 19.08|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.51|
|Expense Ratio (net)||1.00%|
Due to uncertainty surrounding global trading conditions and the surging performance of equity investments through the first few months of 2019, traders have struggled to find a compelling upside in the commodity markets this year. The prices for oil and metals are still pushing year-to-date highs, while agricultural and soft commodities like soybeans and sugar have bounced from recent lows to cut some of the losses sustained since the U.S.-China tariffs took effect in mid-2018. Now might be the time to find broad exposure to the commodities markets, and we can use the AI model portfolios on Quantamize to discover which commodity ETFs to be overweight heading into spring.
Chart patterns from key exchange-traded products across the agriculture sector suggest that the bears are in control of the momentum.
We have highlighted five ETFs that seem to be market movers in the weeks ahead given that the United States and China are set to start fresh talks in Washington today.
Commodities like agricultural goods and precious metals offer investors an alternative to divest their holdings. Often times, commodities march to the beat of their own drum compared to the broad market. ...
Soybean futures and commodity-related ETF retreated Thursday as traders hoped for more deals after the U.S. resumed delivery to China in the wake of renewed trade talks between the two countries. The Teucrium Soybean Fund (SOYB) fell 1.1% Thursday, with CBOT soybean futures down 1.4% to $9.205 per bushel. According to the U.S. Agriculture Department, private exporters sold 1.13 million tonnes of U.S. soy to China, the world's top soybean importer, marking the first significant U.S. soybean purchase in over six months after a trade truce was reached on December 1, Reuters reports.
Optimism after the G20 Trump-Xi truce drove up soybean prices as the Chinese are expected to resume orders for U.S. agricultural products. Master Limited Partnerships are looking forward to the upcoming OPEC+ meeting this week in Vienna. On the technology side, cloud computing enjoyed rejuvenated investor interest following solid earnings from big players. China and various agricultural commodities like sorghum and corn made this week's list as the U.S.-China truce should propel U.S. exports to 2017 levels and beyond. Check our previous Ttrends edition at Trending: Cold Weather and Low Inventories Push Natural Gas Prices to Four-Year Highs.
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.
Trade tensions, especially between the world’s two largest economies, have been taking a toll not only on the equity world but also on the commodity space. In fact, the escalating tit-for-tat tariff threats pushed the Bloomberg Commodity Index, which measures the returns on 25 raw materials down by 8.9% from the latest peak in late May.Source: Shutterstock
The selling comes amid heightened trade tensions between the United States and China. One individual sold 221,000 shares valued at $3.9 million and another sold 132,200 shares worth $2.3 million of the fund, which tracks 10 different agriculture futures. The sales came after China's Ministry of Commerce reportedly told companies Monday to import more soybeans, among other goods, from other countries not named the U.S., according to Bloomberg.
Commodity prices and related commodity ETFs have fallen off in recent weeks on concerns over demand weakness in emerging markets, the ongoing trade war and potential oil production increases. Over the past month, the Invesco DB Commodity Index Tracking Fund (DBC) fell 1.9%, iPath Bloomberg Commodity Index Total Return ETN (DJP) dropped 5.0% and United States Commodity Index Fund (USCI) declined 3.3%. Goldman Sachs argued that concerns over oil and other commodities have been "oversold," and even those most exposed to the risks of a U.S.-China trade war are worth a second look, CNBC reports.
Soybean prices and a related soybean ETF have plunged over the past month on prospects of reduced exports to China in the ongoing trade war spate, but soy jumped Friday after hitting contract-lows. The ...
Large technology companies, such as Facebook and Amazon, have posted weak performance of late, as the trade war rhetoric spilled into the technology sector.
Yahoo Finance's Adam Shapiro, Akiki Fujita, Brian Cheung and Sal Gilbertie - President Teucrium Trading discuss the corn futures market.