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While the pundits debate whether or not inflation is rising, the markets have spoken. And the answer is a resounding “yes!”
This inflation has caused commodity-based ETFs to rocket higher. This includes the Teucrium Corn Fund (NYSE:CORN) and the Invesco DB Agriculture Fund (NYSE:DBA).
The Teucrium Corn Fund invests in corn futures. Since August the price of corn has doubled and CORN has gained almost 20% in the past month.
The Invesco DB Agriculture Fund invests in a wide range of agricultural futures. They include corn, soybeans, sugar, coffee, cocoa and cattle.
The ETF has gained almost 10% over the past month.