Wednesday’s ETF To Watch: PowerShares Global Agriculture Fund (PAGG)
June 29, 2011 at 04:00 AM EDT
The past couple of weeks have been very rough for many sectors of the economy as worries over Europe and a slow economy in the U.S. are plaguing a number of companies. This is no more true than in the commodity space, as firms that produce everything from oil to crops are feeling the pinch of a global slowdown and a stronger dollar. Yet, with the end of QE in sight and moderating fears over the euro, many are growing more optimistic over the longer term health of the economy, possibly spurring interest in commodity producers once again. With this changing sentiment, many investors will likely focus on one of the commodity world’s most famous companies, Monsanto (MON), as the firm gives its quarterly update to investors later today. Monsanto, the nearly $36 billion dollar firm based in St. Louis, is one of the largest providers of seeds and agricultural products in the world. The company [...] Click here to read the original article on ETFdb.com. Related Posts: Wednesday’s ETF To Watch: Global Agriculture ETF (PAGG) Three ETFs George Soros Might Like May ETFdb Category Kings: Best Performing ETFs Global X Launches Farming ETF (BARN) Global X Debuts Fertilizer ETF (SOIL)