Wheat ETF Up 20% on Drought
September 20, 2012 at 15:32 PM EDT
Dry conditions in many global crop producing regions has decimated wheat crops, supporting the elevated prices in the wheat futures market and pushing a wheat exchange traded fund up about 21% in the past three months. Teucrium Wheat Fund (NYSEArca: WEAT), the only pure-play wheat ETF available,...
