Corn, agriculture and grains were the top-performing sector exchange traded funds (ETFs) Thursday as traders pushed prices higher in the wake of the USDA’s annual planting report.
Worries over grain inventories played a part in Thursday’s commodity rally, TheStreet.com reported.
ELEMENTS MLCX Grains Index ETN (NYSEArca: GRU), iPath Dow Jones-UBS Grains Total Return Subindex ETN (NYSEArca: JJG) and PowerShares DB Agriculture Double Long ETN (NYSEArca: DAG) all rose more than 5%.
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