Wheat ETF Hits New Low on a Bumper Crop Year
August 29, 2016 at 14:34 PM EDT
The lone wheat exchange traded fund slipped to a new low Monday as prices on the soft commodity plunged to their lowest in a decade on huge buildups in inventory around the world. The Teucrium Wheat Fund (NYSEArca: WEAT) fell 1.9% on Monday. WEAT has declined 20.0% year-to-date. Meanwhile, CBOT...