Agribusiness ETF Takes Root
January 11, 2012 at 09:01 AM EST
An agriculture-related exchange traded fund, Market Vectors Agribusiness (NYSEArca: MOO), has gained traction as the current weather in South America has damaged soybean and corn crops. Longer-term, the ETF has been caught in a downtrend but recently broke above its 200-day moving average. Market...