Article taken from: finance.yahoo.com
Bloomberg this weekend reported on the boom that is taking shape in the commodities markets. “Commodities haven’t been this sexy since the mid-2000s, when China was stockpiling everything from copper to cotton,” Bloomberg reports. The story points to several developments: JPMorgan Chase & Co. (NYSE: JPM ) recommending a move away from bonds toward materials Hedge fund bets at their highest levels in a decade, totalling nearly $120 billion Agricultural markets also up more than 30% in the last decade Corn at a seven-year high Soybeans and wheat at their highest prices since 2014 Copper having the potential to rally 20% to more than $10,000 a metric ton, according to Francisco Blanch, head of global commodities research at Bank of America Quick Ways To Jump In : If this makes you itchy to get in on the action, then here are three ETFs and two copper funds that can give you exposure to metals and agriculture, which we gathered by asking around the Benzinga staff for some quick ways to place bets. Note that this is by no means a comprehensive list but some simple ways to buy if you believe these commodities will continue their rise. Invesco DB Agriculture Fund (NYSE: DBA ) With $691.8 million in assets under management, this is one of the largest ETFs that holds actual agricultural commodities.
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