5 Ways to Profit from Bank-Breaking Breakfast Prices

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5 Ways to Profit from Bank-Breaking Breakfast Prices

Pork

bacon 300x168 5 Ways to Profit from Bank Breaking Breakfast PricesPork is a staple at breakfast in the form of bacon and sausage. And lately, pork has been a staple for commodity traders thanks to big-picture pressures pushing up prices.

For starters, a virus outbreak that crossed 22 states in January weighed significantly on the pork industry, pushing futures to new highs. The disease was estimated to affect about 10% of the nation’s sows, according to reports, and frequently is fatal to piglets. Major pork producer Smithfield said it will lose about 2 million to 3 million head of pigs this year as a result.

Like orange juice, it’s hard to get a pure play on pork. But the iPath Dow Jones-UBS Livestock ETN (COW) is one easy way. While the ticker symbol implies cows are the only investment, this fund has is about two-thirds in live cattle and a third in lean hogs futures.

The COW fund is up about 9% year-to-date thanks to rising prices for both pork and beef in 2014.


Article printed from InvestorPlace Media, http://investorplace.com/2014/02/breakfast-commodities/.

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