Ags on the move

The Agricultural ETF is breaking out

I had been using individual Teucrium funds and related companies like NTR and MOS as vehicles for the Ag sector since last year, when the reflation trades began. But recently I’ve pared down to the ‘keep it simple stupid’ method, owning only the ETF (DBA) that very loosely tracks the Ag index (GKX), on which I’ve remained bullish despite a corrective consolidation since the spring.

Today it’s looking like a next leg up may be generating. So far, so good at least.

dba

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