Livestock ETF: A Hidden Play on High Grain Prices
May 14th, 2008 | By Contrarian Profits | Category: Featured, Financial NewsA 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.