Preliminary changes in futures Open Interest as of December 13 were: SRW Wheat up 7,229 contracts, HRW Wheat down 1,215, Corn down 2,897, Soybeans down 5,561, Soymeal down 5,233, Soyoil up 7,101.īrazil: Wet season showers in Brazil have become very isolated and are forecast to be that way through early next week. Registration total: 2,435 SRW Wheat contracts 218 Oats 433 Corn 596 Soybeans 62 Soyoil 0 Soymeal 318 HRW Wheat. There were changes in registrations (-132 SRW Wheat, -227 Corn). ![]() Year-To-Date nearby futures are down 26.1% in SRW, down 29.4% in HRW, down 25.4% in HRS Corn is down 32.7% Soybeans down 13.9% Soymeal down 12.0% Soyoil down 21.9%.Ĭhinese Ag futures (JAN 24) Soybeans down 50 yuan Soymeal down 28 Soyoil down 58 Palm oil down 32 Corn down 8 - Malaysian Palm is up 21. Malaysian palm oil prices overnight were up 21 ringgit (+0.57%) at 3691. Wheat prices overnight are up 5 1/4 in SRW, up 2 1/4 in HRW, up 7 1/2 in HRS Corn is up 2 Soybeans down 2 3/4 Soymeal down $0.50 Soyoil up 0.30.įor the week so far wheat prices are down 20 1/4 in SRW, down 25 in HRW, down 9 in HRS Corn is down 3 1/2 Soybeans up 4 3/4 Soymeal down $1.70 Soyoil down 0.06.įor the month to date wheat prices are up 12 1/2 in SRW, down 8 3/4 in HRW, down 8 1/2 in HRS Corn is down 1 1/4 Soybeans down 38 Soymeal down $22.30 Soyoil down 1.90. NOTE: Under current embargo Ukraine isn’t allowed to sell some of its grains to Poland and other eastern EU members, but the countries allow for transit of the goods.Says Prime Minister Donald Tusk will probably want to present the plan during the EU summit this week.NOTE: Poland Repeats Will Keep Ban on Ukraine Grain After Sept.“I will do everything to keep current embargo” on Ukrainian products, cites new Polish Agriculture Minister Czeslaw Siekierski. Poland Should Keep Ban on Ukrainian Imports: New Minister ![]() More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. It should also be noted that TAGS maintains a considerably more focused portfolio than many other agricultural commodity ETFs this fund focuses on the four primary agricultural commodities, without diversifying into other resources.Ĭopyright MSCI ESG Research LLC. As such, it should be noted that TAGS will not necessarily reflect movements in spot prices of the underlying commodities, but rather the performance of a futures-based strategy (meaning that the slope of the futures curve will impact returns). Those ETFs in turn hold futures contracts linked to the actual commodities. ![]() First, the underlying holdings of this ETF are actually other ETFs offered by Teucrium. There are several noteworthy attributes about TAGS. While TAGS might not have tremendous appeal in a long-term, buy-and-hold portfolio, it can be an efficient tool for those looking to establish tactical exposure to this corner of the market. As such, TAGS is one of several options available to investors looking to maintain exposure to agricultural commodities, an asset class that may have appeal as a hedge against inflation or a way to bet on rising natural resource prices around the globe. This ETF offers exposure to four major agricultural commodities, including corn, sugar, soybeans, and wheat.
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