Agriculture ETFs: Withering Crops, Growing Prices
August 10, 2010 at 14:00 PM EDT
A severe drought has hit a major wheat-producing country, putting a severe crimp on the global supply of wheat. As a result, agriculture exchange traded funds (ETFs) are going through a growth spurt. But is the situation as dire as some believe? The USDA doesn’t seem to think so. The U.S....