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JJATF - Agriculture And Energy: A Historic Intersection
iPath Bloomberg Agriculture Total Return Sub-Index ETN
2024-05-10 06:30:00 ET
Summary
The driving force in the push and pull between energy and agriculture is the rapid development and use of feedstock biofuels.
Corn and soybean oil are major inputs to ethanol and biomass-based diesel, respectively.
The strengthening energy application of soybean oil in the United States has spurred interest in Soybean Oil futures, driving open interest and liquidity.