Like so many exchange traded products with exposure to agriculture commodities, the Teucrium Corn Fund (NYSEArca: CORN) has spent significant time this year trying investors’ patience.

From the start of the year, CORN and the commodity it tracks were vilified by commodities traders as the ETF slumped 25.4% through the end of the third quarter. Since the start of October, CORN has stunningly reversed course and it looks like some traders are betting on more upside for the fund. That amid ongoing slumps for an array of other commodities ETFs and continued strength for the U.S. dollar. [Be Picky With Commodities ETFs]

Joe Kunkle of points out on Twitter today that action in the CORN January 2015 $25 calls is robust, following up on unusual activity in that strike two weeks ago when traders moved over 6,000 CORN January $25 calls.

Up about 2.5% today on volume that is more than 61% above the daily average, CORN resides above $25 for the first time in six weeks. With Wednesday’s surge, the ETF is up almost 9.4% just since the start of this month. Bad weather in the Midwest is proving to be good news for CORN and corn futures.

“Showers forecast to reach the southeast Midwest in the next one to two days “will disrupt or delay” crop collection, before drier weather returns later in the week, DTN meteorologist Joel Burgio wrote in a report out Monday,” reports Megan Durisin for Bloomberg.

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