Some crops might not be growing, but lots of agriculture-focused exchange traded funds (ETFs) and exchange traded notes (ETNs) are sprouting up.

Deutsche Bank launched a smörgåsbord of ETNs this week, just in time for the agriculture craze.

These new products maximize the potential returns an investor can realize in the agriculture marketplace. Deutsche Bank’s line of ETNs are designed as leveraged plays on the PowerShares DB Agriculture (DBA) ETF, reports Trang Ho for Investor’s Business Daily:

• DB Agriculture Double Short (AGA)
• DB Agriculture Double Long (DAG)
• DB Agriculture Short (ADZ)
• DB Agriculture Long (AGF)

DBA is up 19.9% year-to-date.

There’s also the MLCX Livestock Elements ETN (LSO), which tracks futures in lean hogs (30%) and live cattle (70%). Lehman Brothers stepped into the arena in February with the Opta Lehman Brothers Commodity Index Pure Beta Agriculture Total Return ETN (EOH), which gives exposure to coffee, cotton and sugar.

Hungry for more? There are also a number of other agriculture-centric ETFs and ETNs on the menu. Among them:

• Market Vectors Global Agribusiness (MOO), up 11.1% year-to-date
• MLCX Grains Index ETN (GRU), up 1.3% since Feb. 15 inception
• iPath Dow Jones AIG-Agriculture ETN (JJA), up 12.2% year-to-date
• E-TRACS UBS Bloomberg CMCI Food Index ETN (FUD), up 5.1% since April 4 inception

Tags | Agriculture, Coffee, DBA, ETNs, Gas, UNG