Home Logon FTA Investment Managers Blog Subscribe About Us Contact Us

Search by Ticker, Keyword or CUSIP       
 
 
 
Blog Home
Bob Carey
Chief Market Strategist
Bio
X •  LinkedIn
 

  Rebound In Agriculture Prices Right On Cue
Posted Under: Commodities
Supporting Image for Blog Post

 
View from the Observation Deck 
  1. Today's blog post is an update of one we did on 10/15/13 ("Agriculture Prices Potentially Poised For A Rebound").
  2. At that time, only one (cotton) of the six major agriculture commodities featured in the chart was up for the 12-month period ended 10/14/13.
  3. Four of the six were down as follows: Corn (-43.8%); Coffee (-27.2%); Wheat (-22.0%); and Soybeans (-17.7%).
  4. For the 6-month period ended 3/20/14, these four commodities posted the following price increases: Coffee (+59.8%); Wheat (+6.8%); Soybeans (+6.6%); and Corn (+4.4%). 
  5. As the chart indicates, with the exception of cotton, prices are actually up more on a year-to-date basis than over the past six months, suggesting greater upside momentum to date in 2014.
  6. The Dow Jones-UBS Agriculture Index posted total returns of 14.1% and 8.6%, respectively, for the year-to-date and 6-month periods ended 3/20/14, according to Bloomberg.
This chart is for illustrative purposes only and not indicative of any actual investment. The illustration excludes the effects of taxes and brokerage commissions and other expenses incurred when investing. Investors cannot invest directly in an index. The Dow Jones-UBS Agriculture Index measures the price movements of the futures contracts of the following commodities: coffee, corn, cotton, soybeans, soybean oil, sugar and wheat.

To Download a PDF of this post, please click here.
Posted on Thursday, March 20, 2014 @ 3:00 PM • Post Link Print this post Printer Friendly

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
Search Posts
MARKET ANALYSIS
Market Commentary and Analysis
•Market Commentary Video
•Monthly Talking Points
•Quarterly Newsletter
•Market Observations
Subscribe To Receive Email
 


 PREVIOUS POSTS
• S&P 500 Top-Line Growth Estimates
• Individual versus Institutional Investors
• I’ll Just Have Water, Thank You
• Passive Investment Vehicles Continue To Post Big Gains In Asset Growth
• Happy 5th Anniversary to the Bull Market
• Corporations Expected To Grow Earnings Through 2015
• A Report Card On Risks
• Let’s Wind The Clock Back To 1981
• The S&P 500 Still Mending The Fallout
• S&P 500 Earnings Beat Rate On The Mark For Q4’13
Archive
Skip Navigation Links.
Expand 20242024
Expand 20232023
Expand 20222022
Expand 20212021
Expand 20202020
Expand 20192019
Expand 20182018
Expand 20172017
Expand 20162016
Expand 20152015
Expand 20142014
Expand 20132013
Expand 20122012
Expand 20112011

Search by Topic
Skip Navigation Links.

 
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
Follow First Trust:  
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2024 All rights reserved.