E Time To Buy The Farm - Or At Least These Agriculture ETFs

My heart goes out to American farmers as the agriculture business is truly suffering now. Rather than play the blame game, I'll just lay out the facts: the average U.S. farm is now $1.3 million in debt and is saddled with a debt-to-assets ratio exceeding 80%. Meanwhile, Wall Street fat cats are absolutely cleaning up with the help of a Federal Reserve that won't countenance even a 5% dip in the major market indexes.

Turning to the commodities space, I don't see precious metals or oil as being particularly oversold in the short term, but the agriculture sector's woes could (tragically) provide investors with a long-term dip-buying opportunity. Actually, "dip" isn't even the right word for it, as the agriculture sector has been absolutely hammered. If you'd like exposure to the entire sector, you might consider the Invesco DB Agriculture Fund (DBA):

Courtesy: Yahoo Finance

... or for more targeted, subsector-specific positions, you might want to check out the Teucrium Wheat Fund (WEAT):

Courtesy: Yahoo Finance

... or the Teucrium Corn Fund (CORN):

Courtesy: Yahoo Finance

... or the iPath Series B Bloomberg Livestock Subindex Total Return ETN (COW):

Courtesy: Yahoo Finance

Of course, one could trade these commodities in the futures markets, but ETFs are easily tradable in just about any brokerage account, including retirement accounts. Incidentally, I chose not to display the Teucrium Soybean Fund (SOYB) because, interestingly, it's not as depressed as the others. I was going to make a pun about not betting the farm on any of these risky investments, but I'll spare you for once...

Disclosure: David Moadel is not a licensed or registered investment advisor, and has no position in any securities listed herein.

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