24.07.2012 - Agriculture ETFs soar
The Midwest remains under a record heat wave, sending shock waves through agricultural commodities. Supplies are threatened and crop failure is being discussed as summer wears on. June was the fourth-hottest month ever, according to the National Oceanic and Atmospheric Association. Most analysts forecast higher prices, as the drought is expected to continue into late July. Soybeans have reached record highs, and corn is also near a record high on commodity futures exchanges...............................................Full Article: Source
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