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time for agricultural commodities?

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  • time for agricultural commodities?

    wheat, soy beans, etc.

    Anyone looking at these?

    Just bought a few far dated ITM calls on DBA, it looks to me like a bull move has just started, possibly a major one.

    Not having any experience with ag. commodities, DBA is the only ETF on my radar currently. Any other suggestions doable in an IRA?
    Justice is the cornerstone of the world

  • #2
    Re: time for agricultural commodities?

    Originally posted by cobben View Post
    wheat, soy beans, etc.

    Anyone looking at these?

    Just bought a few far dated ITM calls on DBA, it looks to me like a bull move has just started, possibly a major one.

    Not having any experience with ag. commodities, DBA is the only ETF on my radar currently. Any other suggestions doable in an IRA?


    How well does it track?

    Comment


    • #3
      Re: time for agricultural commodities?

      Kunstler, with his anal retentive oil phobia, makes ominous noises about capital-intensive crops in the near-future not being planted. Even if this is credible, it would be one area the Fed wouldn't hesitate to print as much farm subsidy bonars as needed. What's your take on that scenario :confused:

      Comment


      • #4
        Re: time for agricultural commodities?

        Originally posted by cobben View Post
        wheat, soy beans, etc.

        Anyone looking at these?

        Just bought a few far dated ITM calls on DBA, it looks to me like a bull move has just started, possibly a major one.

        Not having any experience with ag. commodities, DBA is the only ETF on my radar currently. Any other suggestions doable in an IRA?
        you can look at MOO, RJA (a ETN not ETF), or RJI (also a ETN)

        Comment


        • #5
          Re: time for agricultural commodities?

          Argentina, Uruguay, and Oz are in drought this year. Dunno about Brasil.
          US ??? This could stack up as a good year for commodities.

          Comment


          • #6
            Re: time for agricultural commodities?

            Here is an EXCELLENT and comprehensive list of commodity ETF's etc.

            http://www.iaconoresearch.com/Public...ommodities.pdf

            List is on the last page of the .pdf.

            Comment


            • #7
              Re: time for agricultural commodities?

              Thanks, just as I suspected, DBA is the only ETF amongst all the ETNs.

              More important for me is the option liquidity (DBA is ok in that respect), will take a look at which ETNs are optionable.

              General pattern daily & intraday looks bullish imho, it may have finished basing.

              Breakout yesterday remains bullish as long as the gap up from Monday is not closed, but if it doesn't take off upwards within a day or two it may have been just another fakeout.
              Justice is the cornerstone of the world

              Comment


              • #8
                Re: time for agricultural commodities?

                Originally posted by cobben View Post
                wheat, soy beans, etc.

                Anyone looking at these?

                Just bought a few far dated ITM calls on DBA, it looks to me like a bull move has just started, possibly a major one.

                Not having any experience with ag. commodities, DBA is the only ETF on my radar currently. Any other suggestions doable in an IRA?
                Are you familiar with the WASDE Report?

                http://www.usda.gov/oce/commodity/wasde/latest.pdf

                This 11 minute docu explains their methodology:

                http://www.usda.gov/oce/commodity/wasde/wasde.wmv

                U.S. Foreign Ag Services Reports:

                http://www.fas.usda.gov/current.asp


                It's all good food. (stupid pun intended)

                Comment


                • #9
                  Re: time for agricultural commodities?

                  cobben, you might find this useful:

                  Michael Swanson Ph.D.
                  Economics Department
                  Wells Fargo & Co.
                  2nd Qtr 2009
                  Wells Fargo Economics
                  Row Crop Markets – 2nd Qtr 2009

                  https://www.wellsfargo.com/downloads...pr2009crop.pdf

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