JO and the iPath Pure Beta Coffee ETN (NYSEArca: CAFÉ) have benefited from drought conditions in Brazil that have hampered exports from the world’s largest coffee producer. [Brazil Drought Lifts Coffee ETNs]
Overlooked compared to JO and and CORN, the iPath Dow Jones-UBS Cocoa Total Return Sub-Index ETN (NYSEArca: NIB) has managed a year-to-date gain of almost 10% with inflows of $3.34 million on the back of short covering and political concerns in Ivory Coast, the world’s largest cocoa producer. [Ag ETFs Love the Weather]
iPath Dow Jones-UBS Coffee Total Return Sub-Index ETN
ETF Trends editorial team contributed to this post.