“Although the hike in minimum support price is valid for rice and wheat for procurement purposes, it serves as a benchmark for other crops, feeding inflation,” said Madan Sabnavis, chief economist at Mumbai-based CARE Ratings. [Small Cap Agriculture ETF Leverages Food Prices, Inflation]
PowerShares DB Agriculture fund (NYSEarca: DBA) and Market Vectors Agribusiness ETF (NYSEArca: MOO) are among the related sector ETFs.
Teucrium Corn Fund
Tisha Guerrero contributed to this article.