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Powershares DB Agriculture Fund Starting to Pop
Posted on June 12, 2008
It's starting to feel a lot like early March around here - stockmarket falling, agriculture products skyrocketing. It can only be amatter of time before we hear about rice hoarding at Costco again, eh?As if the world consumer did not have enough problems... we arestarting to see the predicted corn inflation [Mar 31: USDA Farm Report] I wroteWhile weather will have be the determining factor on what actually is harvested, as I predicted last week [Cutting Back on Powershares DB Agriculture Fund - Focus on Fertilizers for Now] when I wrote With that said, no change to my long term view and I lo...
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