DAG News and Press, DB Agriculture Double Long ETN From 08/20/19

The price of cocoa futures on the Intercontinental Exchange rose to the highest price in 2019 during the week of July 8. The price traded up to $2602 per ton. Since then, cocoa has moved lower over the past five of six weeks. On Monday, August 19, the price of nearby September futures was trad...

On Monday, August 12, the US Department of Agricultural released its August World Agricultural Supply and Demand Estimates report. The August report comes at a time when the growing season across the fertile plains of the US and the northern hemisphere is entering its final weeks. The fall har...

Sugar futures can be a highly volatile market. Since the early 1970s, the price of the sweet commodity traded as low as 2.29 cents and as high at 66 cents per pound. At just below the 12 cents level recently, sugar is a lot closer to the low than the high. The price of sugar had not traded b...

This month is a first anniversary for the coffee futures market that trades on the Intercontinental Exchange. In August 2018, the price of coffee bean futures declined below the $1 per pound level for the first time since 2006. In 2013, the soft commodity reached a bottom at $1.0095, which sto...

Corn futures plunge nearly 6% , on track for the biggest drop in more than three years, after the U.S. Department of Agriculture forecast a bigger than expected harvest. More news on: AGCO Corporation, The Mosaic Company, Corteva, Inc., Commodities news, Stocks on the move, News on ETFs,...

On Monday, August 12, at noon EST, the US Department of Agriculture will release its August World Agricultural Supply and Demand Estimates report. Since the release of the July 11 report, the prices of all three of the leading grain futures market have declined. Nearby cattle and hog prices ha...

The Olmec, the first major civilization in Mexico (1500-400 BC), ate cocoa beans. They crushed the beans, mixed them with water, and added spices. The Olmec could be the first people that consumed chocolate. A ritual beverage, chocolatl , containing cocoa beans, was shared during Mayan marr...

In the aftermath of the July Fed meeting, stock prices slipped. The market consensus appears to be that the central bank did not go far enough when it comes to reducing short-term interest rates. The day after the FOMC announced its decision, the Trump administration slapped another 10% tariff...

In the latest escalation of the U.S.-China trade war, China's Commerce Ministry confirms that Chinese companies have stopped buying U.S. agricultural products , and that China "has not ruled out" imposing import tariffs on U.S. farm products that were bought after Aug. 3. More news on: Ar...

Processing spreads reflect the economics of processing one commodity that trades on the futures exchange into others. In the oil market, the spread between the prices of crude oil and oil products is an example of a processing spread. Gasoline distillates are refined products of crude oil. At ...