A wheat-related exchange traded fund jumped Thursday, with wheat prices hovering around their highest level in over five years, as scorching hot weather dries up the grain fields. Among the best performing non-leveraged ETFs of Thursday, the Teucrium Wheat Fund (NYSEArca: WEAT) increased 2.7% on over three times its average daily trading volumes.
Source: Wheat ETF Grows as Drought Conditions Decimate Supply