Wt Agriculture Discussion Threads

[strollingmolby] 11/7/2016 11:43

World grain glut set to enter fourth year

[strollingmolby] 23/6/2016 22:31

Biggest crop ETF on track for best year since 2009

[skyship] 11/10/2010 15:46

What happened here today - I assumed a fat finger trade @ 5.15 caused a mistaken price; but its still 18% up 6hrs later!?

[skyship] 02/8/2010 15:20

Presumably this rise is just a function of the weaker US$; still, the breakout looks irrevocable so will get back in if we retrace back to the 410-415 range:

[betman] 12/4/2010 17:29

Thanks again. Is there anywhere where commodities are discussed like share boards eg discussions on soya prices or corn or wheat. I have looked at CME charts would you recommend any others ?
Whats your view on AGAP ??
I am looking to move from SLXX into AGAP as well as from shares

[strollingmolby] 12/4/2010 16:58

Hi betman, yes, I agree that shares are uncorrelated with the underlying Commodities Index backing AGAP (and the commodities futures contracts underlying the index).

Here's a bit more info on the DJ-UBS Commodity Index:



SM

[betman] 12/4/2010 16:32

Thanks for reply strolling, is there any chance of some discussion on this ? I see this as a potential bolt hole from shares if they peak. I see the underlying commodities as non correlated with shares. Soya seams to be historically low as well

[betman] 12/4/2010 16:12

does anyone else own these or read this board ???

[betman] 26/1/2010 10:00

Sorry to be ignorant but what exactly does "pays a capitalised interest return which cumulates daily". Does this mean that any income is reinvested in the business and increases the NAV cf an accumulation fund

The data sheet says the base curency is USD but AGAP quoted in GBP, therefore is there a currency risk should Dollar retreat ?

[romi2nikki1] 14/1/2010 13:25

Winter Wheat planting in USA at multi year low, however spring planting might offset. Any views.

[skyship] 14/1/2010 08:26

Hmmm - 30days climb undone in 2days of scare - question is, should one add on the pullback?

There seem to be conflicting stories over the Corn harvest; so on balance this could be a good buying opportunity.

Views anyone?

[coffeelito] 12/1/2010 18:09

sorry, i was looking at the wrong thread, i see the one you mean, thanks

[coffeelito] 12/1/2010 18:06

sadly not since the last post there was in july last year !!

[badtime] 12/1/2010 17:35

Have a look on the CORN thread..it might help you

[coffeelito] 12/1/2010 16:13

Why the big fall-off today ?

[strollingmolby] 31/12/2009 10:58

Soft commodities prices at historic highs

The prices of key soft commodities – including tea, cocoa and sugar – have jumped to multi-decade highs, boosted by supply shortages and robust demand.

The rises are set to translate into higher retail prices early next year, according to analysts. Coffee and orange juice prices have also risen to their highest level in more than a year.

The shortages – because of bad weather and a persistent lack of investment – have started to attract financial investors into soft commodities, further boosting prices.

[skyship] 14/12/2009 17:52

Today's 3% rise suggests that we have broken through the £4 resistance - could be plain sailing from here...

[bluebelle] 04/12/2009 12:39

NabCom - 1 Dec'09 - 09:40 - 6 of 7

It shouldn't make any difference. Effectively, you either convert from/to GBP/USD at the time of purchase or at the time of sale. With all ETFs for commodities priced in dollars you are making/balancing 2 judgement calls.

1. What do you think is going to happen to the price of the commodity in USD.

2. What do you think is going to happen to the GBP:USD rate.

I hold selected ETFs because I think that, on my investment time scale, the dollar price of the relevant commodities will increase and value of the GBP will fall against the USD.

I could be right on both counts (I call that 'good' !); wrong on both (I call that 'not so good' !) or right on one wrong on the other so still end up out of pocket (I call that 'life'!)

[romi2nikki1] 04/12/2009 10:56

try AGRP for exposure to chemical inputs etc. nov thro to march are key months for input prices, which took a bashing lant autumn due to bumper harvests and diffuculty in accessing credit for buying fertilizers.

[nabcom] 01/12/2009 09:40

coffeelito

There is some debate about it here:

Most I have seen otherwise is that some prefer sterling for currency convenience and some prefer dollars as that it is what commodities are priced in.

[badtime] 30/11/2009 20:57

ones priced in dollars the othr sterling....thts one difference

[coffeelito] 30/11/2009 16:55

What's the difference twixt AGAP and AIGA ? I'm currently in the latter.

[nabcom] 25/11/2009 13:09

Why Agriculture ETF Outlook Appears Promising
November 23, 2009 at 3:00 pm by Tom Lydon 
   
As the world's markets and exchange traded funds (ETFs) recover from the beating they took in the market meltdown, attention is turning toward what could well be the next crisis: agriculture.
The primary reason that agriculture is gaining attention is the basic imbalance in supply and demand: populations continue to expand and food production continues to decline.
--
The Economist states that there are other causes for the imbalance, as well:

Changing appetites. As economies gain strength, there's a tendency to adopt a more Western diet

Rising incomes in emerging markets. Richer citizens can afford to eat more food.

The competition of land between the development of biofuels and food crops and the decline in yield growth in cereals.
--

Food prices have risen 9.8% in the first 10 months of the year and "breakfast commodities" are trading at a 30-year high.