ETF Talk: Agriculture Provides Growth Potential
In the wake of this summer’s devastating drought, domestic crop prices are spiking. In addition, a rare period of summer-like temperatures in March caused trees to blossom earlier than usual, only for crops to be decimated by unexpected freezing in April. These atmospheric disruptions have resulted in a significant U.S. grain shortage. In light of these conditions, the agriculture sector could provide a potentially appealing investment opportunity. In particular, I’ve got my eye on the PowerShares DB Agriculture Fund (DBA).