“Big crop supplies may not go away any time soon. The European Commission predicted on Tuesday that wheat inventories next season in the 28-country bloc will climb to an eight-year high. While investors are betting that global gluts of oil and copper could start to ease, money managers are the most bearish on agriculture since at least 2006, according to a Bloomberg gauge tracking net positions across 11 farm commodities,” reports Whitney McFerron for Bloomberg.
DBA currently features exposure to eights commodities, including cattle, coffee, corn, soybeans and wheat. The nine year-old-fund has $626.5 million in assets under management.
PowerShares DB Agriculture Fund