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DBA - Bullish Prospects For Ethanol As Well As Archer Daniels Midland And Bunge
Invesco DB Agriculture Fund
The price of ethanol futures, which are not all that liquid, appears to be heading towards the highs for 2019 with the price trading to a high at $1.411 on the active month June contract on May 21. Ethanol is a biofuel and an alternative to fossil fuels.
The two-leading ethanol-producing nations in the world are the United States and Brazil. In Brazil, the primary ingredient in ethanol output is sugarcane. The South American country produces the most substantial amount of the sweet commodity each year. In the US, the world leader in corn output