Grains ETF Spikes 10% on Week on Midwest Drought

The worst drought in over five decades is damaging crops and driving the rally in corn, grains and agriculture ETFs. The iPath Grains ETN (NYSEArca: JJG) was the week’s top performer in unleveraged exchange traded products with a 10% gain. [Corn ETF Rallies 35% in a Month on Record Prices]...
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