If you’ve ever strolled through the grocery store wondering if there’s anything you can do about those ridiculous prices, there is: agriculture exchange traded funds (ETFs).
ETFs that invest in agriculture should benefit from global food demand and alternative fuels such as ethanol, even if your household food budget doesn’t. More agriculture investing opportunities are available to investors, as new ETFs and exchange traded notes (ETNs) are launched. These funds invest in sugar, wheat, corn, soybeans, cocoa, cattle, or coffee, reports Alan Purkiss for Bloomberg.
Some of the ETFs and ETNs that have a healthy serving of agricultural commodities are:
- Market Vectors Global Agribusiness (MOO), up 11.8% year-to-date
- PowerShares DB Agriculture (DBA), up 17.8% year-to-date
- iPath Dow Jones Agriculture (JJA), up 11% year-to-date
- ELEMENTS Linked to the MLCX Grains Index (GRU), down 1.6% year-to-date
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.