Wheat ETF Grows on Potential Weather Damage
July 25, 2018 at 16:06 PM EDT
A wheat-related ETF surged as traders anticipated increased weather damage due to dry conditions. The Teucrium Wheat Fund (NYSEArca: WEAT) increased 4.9% Wednesday and broke back above its short-term trend line at the 50-day simple moving average. Meanwhile, CBOT wheat futures were 6.4% higher to...