Long DBA. Finally breaking out of 200 day moving average. Very bullish technically, and seasonality should support a sharp move up by summer time (winter in Australia and Argentina).
DBA is best way to play the weak dollar, global growth, reflation story. It's safer than agr stocks or ETF like MOO. The only limitation is lack of options volume to enhance it's performance. For example, a covered call 10%-15% out of money for June could generate a tremendous amount of premium while we wait for the weather related triggers to kick it.
Grain Prices: Back to the Futures [View article]
Bulls Are Hungry for Grains [View article]