Beef ETNs Cool as Summer Heats Up
August 11, 2014 at 15:18 PM EDT
After hitting record highs, cattle prices, along with related exchange traded notes, are experiencing some weakness on declining demand. Over the past month, livestock ETNs have declined off their highs, with the iPath Dow Jones-UBS Livestock Subindex Total Return ETN (NYSEArca: COW) down 9.3%, UBS...