Sunday, November 23rd, 2008

Posts Tagged ‘ Cattle ETF ’

High Corn Prices Make Livestock ETFs a Great Profit Play

May 27th, 2008 | By Contrarian Profits | Category: Featured, Financial News

A perfect storm is gathering that may make investing in a livestock ETF one of the best profit plays for 2008.

According to a report by Bloomberg, cattle prices may rise 13% by the end of the year on the Chicago Mercantile Exchange and Brazil’s Bolsa de Mercadorias e Futuros. More from this story:

Not since 1996, when corn reached what was then a record $5 a bushel, have cattle been this cheap relative to their primary source of feed.