Corn Prices Lead Agriculture ETFs on Drought Forecast
July 23, 2012 at 14:00 PM EDT
The recent price pressure for corn is a plus for the exchange traded fund Teucrium Corn Fund (NYSEArca: CORN). The drought in the mid-west prompted the USDA to make successive cuts to crop projections over the past several weeks. “The fallout of the aridity hasn’t been relegated to the...