Know Your Commodity ETF (DBA, MOO, FUD, CORN)

Corn prices had gained as much as 45 cents per bushel overnight in foreign and electronic trading markets following a maximum 30-cent per bushel increase Friday.  This equates to big gains in your agriculture ETF right? Make sure you know what you’re buying, the PowerShares DB Agriculture (NYSE:DBA) trades lower Monday because it’s not only made up of grains but it also contains hog and cattle futures. Higher corn prices means it costs more to feed the livestock. The Market Vectors Agribusiness ETF (NYSE:MOO) on the other hand is up a healthy 1.34% in mid day trading, and the UBS E-TRACS CMCI Food TR ETN (NYSE:FUD) is up 8.27%.  The Teucrium Corn Fund ETV (NYSE:CORN) is down 3.54% in mid day trading.

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