Agriculture Break Out Relative to Energy, Commodity Index

Friday, August 24, 2007 | 11:30 AM

Mike Panzner points out that as Oil prices have dropped, Agriculture Commodities are breaking out (especially relative to Energy and/or Commodity Index).

"Many of those who take an interest in global commodity markets have commented on  the relative attractiveness of the agriculture sector, especially in light of the demand created by rising per capita incomes in nations such as China and India.

With the technical pattern suggesting that the sector is breaking out (and hitting new 5-month highs) versus oil and an index of various commodities, now may be the time to jump in."

To make the two comparisons on the accompanying chart (below), Mike used the PowerShares DB Agriculture Fund (DBA) / DB Commodity Index Tracking Fund (DBC) PowerShares DB Agriculture Fund (DBA) / DB Energy Fund (DBE).


Friday, August 24, 2007 | 11:30 AM | Permalink | Comments (31) | TrackBack (0) add to | digg digg this! | technorati add to technorati | email email this post



TrackBack URL for this entry:

Listed below are links to weblogs that reference Agriculture Break Out Relative to Energy, Commodity Index:


Guess I need to plant beans in my haymeadow next year. I can see beans in the teens. Cotton is the laggard along with sugar. Got a better idea. We need to hijack an ethanol tanker. Anyone know how to re nature de natured moonshine aka ethanol? Lets see now, 50'000 gallons of white lightnin at $3 a quart yields how much gross profit?
Just musing, y'all.

Posted by: Ross | Aug 24, 2007 11:46:51 AM

The comments to this entry are closed.

Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      


Complete Archives List



Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:

Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo



Odds & Ends

Site by Moxie Design Studios™