Not questioning whether they'll work, but the CA drought may not
be the rationale - these etfs don't match up with California crops.
But Jo is a monster here.
The central valley & SJ are much more specialized in
vegetables & nuts - 20% of all lettuce production, etc. Again,
just suggesting a broader thesis than CA drought.
You may want to check the holdings of JO & DBA -
JO Update
Posted by a_l_ on 3rd of Feb 2014 at 11:07 am
Not questioning whether they'll work, but the CA drought may not be the rationale - these etfs don't match up with California crops. But Jo is a monster here.
Thank you
Posted by pjwhiteley on 3rd of Feb 2014 at 11:21 am
I appreciate your input. DBA is wheat,corn,soybeans,sugar. I think they grow all but sugar. Plus I am growing cantelope this year in my garden!
The closest match with DBA is cotton - a 2.78% holding
Posted by a_l_ on 3rd of Feb 2014 at 11:29 am
The central valley & SJ are much more specialized in vegetables & nuts - 20% of all lettuce production, etc. Again, just suggesting a broader thesis than CA drought.
Thanks
Posted by pjwhiteley on 3rd of Feb 2014 at 01:54 pm
A I thanks for the help.
Shoutout to Steve & his tutorial parameters:
Posted by a_l_ on 3rd of Feb 2014 at 02:05 pm
Caught a lot of the 1st JO run at the beginning of the year & still long & trailing on this run.