A livestock ETF may not sound like a sexy investment, but it may be a great way to profit from high grain and livestock prices.

AP reports that grain prices ended mixed last week on the Chicago Board of Trade. However, livestock prices rose, with beef and pork futures climbing on the Chicago Mercantile Exchange — a strong indicator that a livestock ETF may be a great way to cash in on the ongoing surge in food prices.

“Two years ago,” explains quant expert Ian Davis in The Growth Stock Wire, “making money was simple…You just grabbed a newspaper, closed your eyes, and randomly pointed to a commodity… any commodity.

“But a few commodities are being left behind…

“The price of hogs has barely inched its way higher in the last two years. In fact, it’s risen by a measly 17% since the beginning of 2006. When you adjust for inflation, hogs are only up 9.9%.

“But now, the brutal combination of pricey corn, increased energy costs (for processing and shipping), and cheap hogs is wreaking havoc on hog farmers worldwide.

“This trend cannot continue. Hog farmers are not running charities. When the input costs for hog producers soar, the price of hogs must also rise. By buying hogs, we are piggybacking (excuse the pun) on the uptrend in agriculture and crude oil.

Read on to find out what livestock ETF Ian recommends to profit from this uptrend.