soft commodities

    Posted by rick on 12th of Jun 2008 at 02:14 am

    Hello,

    I am new on this blog and am not sure what was said over commodities in the past.

    Matt, I read about the rice in wheatprices. Is it still tile time to go long on wheat or an other soft commodity ?

    Thanks, great overview last night.

    Rick

     

    Commodities

    Posted by drorlando on 12th of Jun 2008 at 09:30 am

    Rick; Check out DBA    Agriculture ETF, it has broken out to the upside.

    DBA versus JJG

    Posted by ameritrader on 12th of Jun 2008 at 10:09 am

    Both are Ag futures indexes

    DBA PowersShares Agriculture Fund:

    25% each: Corn, Wheat, Soybeans, Sugar

    JJG iPath AIG Grains ETN:

    Soybeans 38.4%, Corn 36.2%, Wheat 25.4%

    My guess is sugar is not a mover, thus I like JJG better.

    However my big question, is it to late to jump in? I thought since they are futures, that its to late? 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!