TAGS - Agriculture ETFs climb higher into the close

Heading into the market close on Thursday, and investors see all three major averages trading to the downside. However, agriculture-based ETFs, ETNs, and funds are some of the day's leading performers.U.S. corn, soybeans, and wheat futures have all touched multi-year highs surging to the topside. Soybeans and corn are at their highest levels since July of 2013, and wheat is trading at its highest level since May of 2014.Worries about tightening grain supplies have sparked short-coverings and demand purchases. Per Reuters, Arlan Suderman, StoneX Chief Commodities Economist, wrote in a client note, "These markets are largely over-bought and past due for a correction, but nobody wants to step in front of this train until the momentum turns."In another note, Commerzbank stated: "This rally is because corn is in short supply and is likely to remain so in 2021/22."Below is a handful of agriculture-based ETF, ETN, and funds, along with their

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Agriculture ETFs climb higher into the close