ETF of the Week ETF of the Week: Invesco DB Agriculture Fund (DBA)
ETF Trends’ CEO Tom Lydon discusses the Invesco DB Agriculture Fund (DBA) this week’s ETF of the Week podcast with Chuck Jaffe of the MoneyLife Show.
Increasing energy costs combined with the potiential ripple effects from war in Ukraine could drive U.S. farm crop prices higher. Invesco DB Agriculture Fund (DBA) provides investors a convenient and cost-effective way to invest in agricultural commodity futures.
The invasion and outbreak of war in Ukraine stands to potentially impact agriculture the world over in many ways, from Russian price gouging of fertilizer (a major export from Russia), to up to 12% of global wheat exports and 13% of global corn exports being affected out of Ukraine.
Collectively, Russia and Ukraine make up 30% of the world's global wheat exports. The effects of war could have widespread implications for agriculture.