Three C’s of Commodities Enter Seasonal Sweet Spot

Chart Courtesy: Eagle Bay Capital

Two more charts, also courtesy of Parets, indicate that now could be the time to consider CORN an JO as well. There is something to commodities seasonality. Both ETNs are higher in the past week, led by a 1.6% gain for JO. CORN is up 1% Tuesday. Corn is first followed by coffee.

Charts Courtesy: Eagle Bay Capital

Traders that cannot decide between coffee, corn and cotton have options as well. The $1.33 billion PowerShares DB Agriculture Fund (NYSEArca: DBA) tracks an index that allocates nearly 24% of its weight to coffee and corn futures. The GreenHaven Continuous Commodity Index Fund (NYSEArca: GCC) offers exposure to 17 commodities on an equal-weight basis. Coffee, corn and cotton are all included among GCC’s holdings.