Crops Post Longest Rally in Four Years on Tighter Supplies
- Agriculture, livestock ETFs attract $14.8 million in past week
- Tyson reaches record; Monsanto caps best rally since 2012
Commodities Check: Should Investors Be Optimistic?
This article is for subscribers only.
The stepchild of the commodities world is finally getting investors’ attention.
Agriculture prices are heading for the longest rally in four years, as adverse weather and rising demand finally help to reduce the outlook for global gluts of food supplies. Sugar and soybeans reached their 2016 highs on Friday. Corn and wheat posted weekly gains. Monsanto Co. had the biggest weekly rally since 2012, and Tyson Foods Inc. touched an all-time high.