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I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.
This Thursday, I looked at the Teucrium Corn Fund (NYSEArca: CORN). With the record heatwave and drought, corn production suffered a blow during a key growing period, and the ongoing heat will likely continue to wither crops. [Corn ETF Rallies 35% on Record Prices]
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.