17.07.2014 - 3 Agricultural Commodity ETFs Slumping in July
Agricultural commodities had a smooth ride in the first four months of 2014. A weaker dollar, adverse weather and higher demand brightened the potential of the space. However, the space bucked the trend lately thanks to a favorable weather outlook and accelerated crop plantings. The latest data by USDA on monthly agricultural demand-supply report released on July 11 confirms the fact as well. Below we have highlighted three agricultural commodity ETFs which harbor a bearish trend as of late and have retreated considerably in July. Thus, investors should keep a close eye on these ETFs, which might continue to plunge if things remain against this space in the near term:..............................................Full Article: Source
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