|Bid||5.78 x 1000|
|Ask||6.00 x 1400|
|Day's Range||5.68 - 5.81|
|52 Week Range||4.83 - 7.33|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||-0.27|
|Expense Ratio (net)||1.00%|
Yahoo Finance's Adam Shapiro, Akiki Fujita, Brian Cheung and Sal Gilbertie - President Teucrium Trading discuss the corn futures market.
A rainy start to the planting season set farmers week behind schedule. The adverse weather is now acting as a catalyst for higher prices over the weeks or months ahead.
Agricultural commodities are surging this month buoyed by bad weather conditions that wreaked havoc in the major growing regions of the crops, delaying the crop plantations.
Nearby resistance on the charts of major agriculture commodities suggests that the bears will regain control of the long-term trend.
The waterlogged U.S. Midwest is forecast to get more rain in coming weeks, which should reduce and weaken this year’s wheat crop. That would mean higher prices. Here are a number of ways for investors to profit.
Chart patterns from key exchange-traded products across the agriculture sector suggest that the bears are in control of the momentum.
Confined trading ranges across the agriculture sector will likely spark the interest of active traders over the coming weeks and months.
Commodity traders have benefited from some of the strongest trends in the public markets over the past several years. As you'll read about below, clearly identified levels of support and resistance combined with predictable price action near these levels have made commodity segments such as oil services and agriculture favorite spots to trade. With the rise in popularity of exchange-traded funds (ETFs), retail investors now have a multitude of options for gaining exposure to nearly any asset class.
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.