Summer Rains Wash Away Hopes of Corn Bulls
June 25, 2014 at 13:46 PM EDT
With a favorable weather outlook over the U.S. corn belt, the maize-related exchange traded fund has been plunging over the past month as traders anticipate a potential bumper crop year. The Teucrium Corn Fund (NYSEArca: CORN) has declined 6.7% over the past month and fell 14.1% since its April 29...
