#6 - Teucrium Corn Fund (NYSEARCA:CORN)
Corn remains one of the agricultural products that is in high demand. In 2020, a record 97 million acres of corn were planted. And with reports of the likelihood of food shortages occurring across the world in 2022, it’s likely there will be a disparity between supply and demand. This will mean that the price of corn is likely to become a profitable trade.
If you’re looking for a way to invest in this commodity without taking on the risk and the guesswork involved with futures contracts, there is the Teucrium Corn Fund (NYSEARCA:CORN). The CORN fund is up 32% in 2022 and is likely to go much higher. The fund has $295 million of assets under management and carries an expense ratio of 1.0%. In six out of the last eight quarters, institutional buying has outweighed institutional selling which suggests that the smart money believes the price of corn is also going higher.
About Teucrium Corn Fund
Teucrium Corn Fund (the Fund) is a commodity pool that is a series of Teucrium Commodity Trust (Trust), a Delaware statutory trust. It will issue common units representing fractional undivided beneficial interests in such Fund, called Shares. The investment objective of the Fund is to have the daily changes in percentage terms of the shares net asset value reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for corn (Corn Futures Contracts) that are traded on the Chicago Board of Trade (CBOT), including the second to expire CBOT Corn Futures Contract, weighted 35%, the third-to-expire CBOT Corn Futures Contract, weighted 30%, and the CBOT Corn Futures Contract, weighted 35%.
Read More - Current Price
- $18.07
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
