Seeking Alpha

PowerShares DB Agriculture ETF (DBA)

  • Fri, Jan. 16, 4:17 PM
    | 1 Comment
  • Oct. 3, 2014, 4:18 PM
    | Comment!
  • Aug. 8, 2014, 4:22 PM
    | 1 Comment
  • Mar. 7, 2014, 4:35 PM
  • Feb. 28, 2014, 4:29 PM
  • Feb. 21, 2014, 4:17 PM
    | Comment!
  • Sep. 30, 2013, 3:49 PM
    • Corn (CORN -2.4%) and Soybeans (SOYB -3.2%) tumble - with corn hitting a 3-year low - after the USDA reports estimated corn stocks of 824M bushels, off 17% from a year ago, but far higher than trade estimates for 687M. Bean stocks are estimated at 141M bushels, also off 17% from a year ago, but 13% above estimates. Stocks still remain low, but these are old crop numbers, and forecasters are looking forward to a big crop this fall.
    • Wheat (WEAT -2.7%) stocks of 1.85B bushels were slightly below expectations.
    • Lower-than-expected feed usage and export demand were behind the big corn number - high prices had pig farmers substituting corn for wheat.
    • Relevant grain ETFs: JJA, RJA, AGF, DBA, FUD, UAG, DAG, AGA, ADZ, JJS, TAGS, USAG, RGRA, JJG, GRU.
  • Sep. 27, 2013, 4:19 PM
    • The week's ETF movers - Gainers: TAN +8.03%. VXX +2.60%. TLT +1.56%. DBA +1.27%. FXY +1.09%.
    • ETF Losers: UNG -4.59%. EPI -4.00%. GAZ -3.34%. DEM -3.32%. KOL -3.13%.
    | 1 Comment
  • Aug. 12, 2013, 12:26 PM
    • The grain pits party after the USDA lowers its corn production estimate to 13.76B bushels - still a whopper of a number, but off from 13.95B in July. Ending stocks are cut to 1.837B bushels.
    • Bean production is cut to 3.255B bushels from 3.42B as acres planted are cut 500K and yield is lowered to 1.9 bushels/acre.
    • No change is made to the wheat production estimate, but 25M bushels of extra exports cuts ending stocks by the same amount.
    • December corn erases a sizable early loss, now up $0.15 to $4.69/bushel. CORN +1.5%.
    • SOYB +3.4%, WEAT +0.3%.
    • Grain ETFs: JJG +1.8%, GRU +2.5%.
    • Other related: JJA, RJA, AGF, DBA, FUD, UAG, DAG, AGA, ADZ, JJS, TAGS, USAG, RGRA.
  • Apr. 26, 2013, 4:24 PM
    The week's ETF movers - Gainers: TAN +14.6%. XHB +6.2%. OIL +5.5%. USO +5.5%. PHYS +4.4%.
    ETF Losers: VXX -5.8%. GAZ -5.3%. UNG -4.5%. DBA -1.0%. EPI -0.4%.
    | Comment!
  • Apr. 25, 2013, 3:19 PM
    The flow of key farm products (DBA) to the world from North and South America, highlighted by congestion at Brazilian ports and limited selling of crops by U.S. farmers, will keep global grain supplies tight despite expectations for big harvests later this year, Bunge (BG +6.5%) says after its Q1 report showed a 16% jump in agribusiness sales to $10.77B.
    | Comment!
  • Feb. 8, 2013, 6:17 PM
    The week's ETF movers - Gainers: VNM +4.3%. FCG +2.3%. BNO +1.7%. UUP +1.4%. TLT +1.4%.
    ETF Losers: FXI -4.7%. EPI -4.2%. GDXJ -3.3%. KOL -3.3%. DBA -2.7%.
    | Comment!
  • Jan. 11, 2013, 12:13 PM
    The inaugural midday release of the USDA's January crop report doesn't disappoint, with corn reversing early losses and now sharply green as Dec. 1 stocks come in at 8.03B bushels vs. expectations of 8.21B. Ending stocks are estimated at a slim 602M bushels vs. expectations of 667M. Beans are down after production came in higher than expected. Wheat jumps on lower-than-anticipated planted acres.
    | Comment!
  • Dec. 21, 2012, 11:59 AM
    Brazil’s government go-ahead for Petrobras (PBR -3.6%) to raise its gasoline prices in early 2013 likely will raise demand for domestically produced sugar-based ethanol, but effects also could reach U.S. shores. Ethanol output in the U.S. is expected fall ~10% next year, and a robust export market could give Brazilian mills even more incentive to produce ethanol instead of sugar.
  • Oct. 11, 2012, 9:16 AM
    Grains soar as the USDA lowers its estimate of corn ending stocks to 619M bushels from 733M in September. The cut comes even as it raises its forecast of harvested acres to 360K. What happens, asks Arlan Suderman, if the USDA is forced to cut harvested acres in its next report? Yikes. Corn +4%, Beans +2.1%, Wheat +1.5%.
  • Sep. 28, 2012, 8:56 AM
    Corn soars 3% as the USDA announces stocks at just 988M bushels, the low end of the expected range. Prior to the report, corn had tumbled about $1/bushel over the past month. Wheat stocks also came in low, suggesting greater-than-expected feed use for both grains. Bean stocks beat expectations after the USDA "finds" another 38M bushels from last year's crop. Wheat +2%, Beans flat.
    | 1 Comment
Visit Seeking Alpha's
DBA vs. ETF Alternatives
DBA Description
The PowerShares DB Agriculture Fund is based on the Deutsche Bank Liquid Commodity Index Diversified Agriculture Excess Return™ and managed by DB Commodity Services LLC. The Index is a rules-based index composed of futures contracts on some of the most liquid and widely traded agricultural commodities. The Index is intended to reflect the performance of the agricultural sector. You cannot invest directly in the Index. Ordinary brokerage commissions apply.
See more details on sponsor's website
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub