ETC investors take profit from agriculture

The firm's report Agriculture: Recent Developments and Outlook, based on industry trends up to the third quarter, finds low prices in agricultural commodities over 2009 encouraged investors to build up positions, which are now being cut back as prices rise. It shows a wide range of agricultural prices have recently hit multi-year highs, with cotton at its highest price in recorded history - 140 years. Fluctuations in levels of ETC investment have generally been in response to upward price spikes caused by supply shocks, with corn, wheat, sugar and coffee all seeing a marked decline. ...