Saturday, January 15, 2011

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Corn ETF Catches Rally In Futures Markets As Prices Near 30-Month Highs

  • Saturday, January 15, 2011
  • Thùy Miên
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  • Normally, the Teucrium Corn ETF (CORN) plods along with around with fairly light volume. But today, futures contracts for corn are rallying after a morning sell-off as buyers re-enter the market to take advantage of the lower prices, according to reports by Dow Jones Newswires. It looks like corn futures are settling near a 30-month high.

    The ETF is have a similarly rocky day. It opened up only to fall by mid-morning but steadily rose. About half an hour ago selling picked up.  CORN is still looking at a positive week; it was slightly positive at 3:30 p.m. eastern time. The ETF has jumped more than 10.5% in the past three months.

    (Source:

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