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Farmers Hit the Jackpot in Kansas Oil Boom"Powershares DB Agriculture Fund (ASE: DBA) is a new addition to the capital gains portfolio at TheMoneyMan.com Market Newsletter. Here the latest by BizRadio host Daniel Frishberg.
"An area of the market that hasn't been affected by the economic slowdown and isn't correlated with the equities has been the commodity markets. Global demand for commodities has continued to increase.
"This has lead to record highs for most commodities, including soft commodities. We expect this to continue. There are several reasons for this.
"First, emerging markets are developing at a rapid pace and their populations are becoming richer and can now afford to eat better. That leads to higher prices in soybeans, corn, wheat, etc. Second, there are government mandates for producing ethanol which has driven up the price of corn.
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