| Agriculture and soft commodities exchange traded products have been the best-performing commodities ETPs this year and that trend could be set to continue due to extreme weather conditions around the world. Some agriculture ETFs saw increased inflows last week as weather forecasts highlighted the increasing probability of El Nino.
“Last week the Australian Bureau of Meteorology forecasted there is a 70% chance Australia will be affected by this summer for the first time in 4 years. With prices of many agricultural commodities likely to rise as weather extremes disrupt production, investors favoured positions in diversified ETPs,” said ETF Securities in a new research note...........................................Full Article: Source
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