Saturday, January 15, 2011
0
Corn ETF Catches Rally In Futures Markets As Prices Near 30-Month Highs
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:
This post was written by: HaMienHoang (admin)
Click on PayPal buttons below to donate money to HaMienHoang:
Follow HaMienHoang on Twitter
Subscribe to:
Post Comments (Atom)
0 Responses to “Corn ETF Catches Rally In Futures Markets As Prices Near 30-Month Highs”
Post a Comment