Additionally, the Teucrium Corn Fund (NYSEArca: CORN) was up 0.5% Monday.
Ukraine is set to be the third-largest corn exporter this year, shipping 18.3 million tons through June from 13.6 million tons year-over-year.
“I do see notable risks here,” Jaime Nolan-Miralles, a commodity risk analyst at INTL FCStone Inc., said in the article. “It is already firming up cash-market prices in Europe and raises notable questions for grains-flow potential out of the Black Sea.”
Teucrium Wheat Fund
For more information on soft commodities, visit our agriculture category.