Corn ETF Rallies After Harvest Forecast Cut
July 11, 2012 at 10:39 AM EDT
An exchange traded fund pegged to corn prices rose more than 2% Wednesday after the U.S. Department of Agriculture slashed its yield estimate for this year’s crop. Teucrium Corn Fund (NYSEArca: CORN) rose 2.2% in early trading to lead all unleveraged ETFs. The commodity fund, which invests in corn...
