"Both short and long-term factos suggest higher agricultural prices," says Leonard Goodall in No-Load Portfolios. Here, the fund expert looks at a pair of agriculture-based ETFs.
"Bad weather through the country has had a negative impact on the agriculture sector. Rain and flooding in the plains states has caused a delay in harvesting the winter wheat crop and other grains are behind in their normal growing season.
"Moreover, current grain supplies are low as compared with demand. These factors point to the possibility of higher grain prices in the months to come.
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