Chronicle Journal: Finance

Wheat ETF Grows on Potential Weather Damage

A wheat-related ETF surged as traders anticipated increased weather damage due to dry conditions. The Teucrium Wheat Fund (NYSEArca: WEAT) increased 4.9% Wednesday and broke back above its short-term trend line at the 50-day simple moving average. Meanwhile, CBOT wheat futures were 6.4% higher to...
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