Tighter Supply Ahead Could Fatten Up Livestock ETNs
December 21, 2015 at 15:30 PM EST
While most commodities continued to weaken Monday, livestock-related exchange traded notes strengthened on potential tighter supply in the spring and summer season ahead. On Monday, the iPath Bloomberg Livestock Subindex Total Return ETN (NYSEArca: COW) was up 1.5%, UBS E-TRACS CMCI Livestock Total...