New Agriculture ETF Takes Root

By Michael Johnston:Teucrium, the Vermont-based firm behind a growing lineup of exchange-traded commodity products, announced the launch of a new fund targeting agricultural resources.

By Ron Rowland:Teucrium, the company that brought you the Teucrium Corn Fund (CORN) last year, introduced three new single agricultural commodity exchange-traded products earlier this week.

By Tom Lydon: Teucrium Trading, the manager behind the corn exchange traded fund, has launched the first ETF to track the prices of soybeans. The firm has also listed ETFs for sugar and wheat in the face of a tough market for agriculture ETFs in recent weeks. PowerShares DB Agriculture Fund (DBA) is down about 4% over the past month.

Michael Johnston submits:Recent years have seen the launch of hundreds of new exchange-traded products, many of which offer increasingly granular exposure to various asset classes. The latest innovation comes in the commodity space, where Vermont-based Teucrium Trading LLC filed with the SEC for an ETF that invests in Chicago Board of Trade Corn Futures.

Michael Johnston submits:Teucrium, the Vermont-based firm behind the ultra-popular Corn Fund (CORN) that has plans to launch several additional commodity-specific ETPs, has laid the groundwork for another fund that would approach exposure to commodities in a new way.

Michael Johnston submits:Teucrium, the issuer behind the only pure play corn ETF on the market, has doubled the size of its ETF lineup with the introduction of the Teucrium Natural Gas Fund (NAGS). The new fund will offer investors another option for gaining exposure to natural gas futures contracts through the exchange-traded structure.

Tom Lydon submits: ETF Spotlight on PowerShares DB Agriculture Fund (DBA), part of an ongoing series. Assets: $3.16 billion Objective: The PowerShares DB Agriculture Fund tries to reflect the performance of the Diversified Agriculture Index Excess Return, which is comprised of futures contracts on the most liquid and widely tracked agriculture commodities.

Michael Johnston submits:The last two years have seen a tremendous surge in the number of exchange-traded products available to US investors. While there have been several “copycat” products to hit the market, the vast majority of new fund launches have focuses first-to-market ETFs unlike anything already out there. Skeptics have been saying for a while that all the good ideas are taken, but these theories have been repeatedly shot down as new ETFs have burst on to the scene and rapidly accumulated assets.