An agriculture exchange traded fund is down more than 10% this year on a slowing global economy but we have seen bullish call buying in options based on the ETF, which has shown signs of life recently.

PowerShares DB Agriculture (NYSEArca: DBA) has risen the past five sessions and has rallied nearly 4% from the recent lows. The ETF gained nearly 1% on Tuesday.

DBA invests in futures contracts of a number of agricultural commodities according to a rules-based index methodology, and currently has its highest exposure to sugar (12.86%), coffee (12.11%), cocoa (10.95%), live cattle (10.91%) and corn (9.48%).

Other broad based agriculture products to pay attention to in the space include RJA (Elements Rogers International Commodity Index ETN), DIRT (iPath Pure Beta Agriculture) and UAG (E-TRACS CMCI Agriculture Total Return ETN).

Additionally, those looking to make a leveraged long trading play on agriculture may consider DAG (PowerShares DB Agriculture Double Long ETN), and shorts would look to AGA (PowerShares DB Agriculture Double Short ETN).

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