|Bid||17.80 x 800|
|Ask||17.90 x 1100|
|Day's Range||17.72 - 18.13|
|52 Week Range||11.52 - 18.13|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||14.61%|
|Beta (5Y Monthly)||0.31|
|Expense Ratio (net)||1.11%|
Higher revenues from soybean and corn are driving the price of agricultural land higher for the first time in years.
Agricultural commodities like corn, soybeans, and wheat are essential to the food supply, thus spawning a giant global commodities market to buy and sell them. However, individual agricultural commodities are subject to dramatic volatility related to factors including weather, season, population, and more.
A boom in the agricultural trade, Yahoo Finance takes a look at why corn, soybeans, and wheat are soaring. "We see shrinking supplies of the grains, and that’s due to really increasing demand," Teucrium Trading's Sal Gilbertie says on agricultural commodities. "The world’s balance sheet is shrinking, especially in soybeans... That’s just adding up to make prices [go] higher."