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Soft Commodities ETFs Search for Support

Posted on 28 August 2014

It has been a rough year for some soft commodities exchange traded products. Strip out the stellar performances offered by the iPath Dow Jones-UBS Coffee Total Return Sub-Index ETN and the iPath Pure Beta Coffee ETN, and the agricultural/soft commodities complex looks even more glum.
Despite drought conditions in some parts of the U.S., high crop yields have forced the Teucrium Corn Fund down 19.5% on the year while theTeucrium Soybean Fund is off more than 11%. The government has already predicted record crops and believes exports will drop – Russian counter sanctions against Western countries will diminish overseas demand………………………………………..Full Article: Source


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VRS - who has written 38584 posts on Opalesque Commodities Briefing.


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