Invesco DB Agriculture Fund (DBA) Options

inflation = food..taking fav DBA$ again on the dip..$19.50..

drifting... like an empty raft in the middle of the Devil's Triangle.

Gotta long ways to go to get attention...

Wow, what a hammer candle today...

Still going sideways... one day... the move up will be outta the blue...

Consolidating and building strength for upside move as futures markets point higher.

still going nowhere... at the moment...

Still bottoming/channel trading...

The Standard Of Living Of The Irredeemables Continues To Plunge As 'Not So Hidden' Inflation Soars
by Tyler Durden Oct 22, 2016 3:40 PM

http://www.zerohedge.com/news/2016-10-22/standard-living-irredeemables-continues-plunge-not-so-hidden-inflation-soars

“Those who are capable of tyranny are capable of perjury to sustain it.” ? Lysander Spooner


And a very tough reader's comment added to a highly relevant article filled with charts/graphs all available at the link above...
Here in the EssU the prices have gone up dramatically, some of the groceries I buy have gone up 30% in one shot! In general or food is now 20% up in price on average I estimate, then items also have less content and new shiny packaging. All that cheap unhealthy stuff is still cheap, but that would be paying for your own poisoning. Also some of the items go up constantly, every few months, making it even harder.

As well, local transport recently went up, it is also getting too expensive for me to travel. For a train ticket to my closest city, one way, I could buy us food and make a meal for two to three people. it is outrageous.

I have no idea of how a family of four would survive, when I think of this I feel for these people, it must be hard. But if you are a Soros paid refugee you get EVERYTHING for free, while locals are pushed under the bus, it's very depressing.

I don't know about you, but I do not see many happy faces when buying basics.

From NETWORK:

I don't have to tell you things are bad. Everybody knows things are bad. It's a depression. Everybody's out of work or scared of losing their job. The dollar buys a nickel's worth. Banks are going bust. Shopkeepers keep a gun under the counter. Punks are running wild in the street and there's nobody anywhere who seems to know what to do, and there's no end to it. We know the air is unfit to breathe and our food is unfit to eat, and we sit watching our TVs while some local newscaster tells us that today we had fifteen homicides and sixty-three violent crimes, as if that's the way it's supposed to be.

We know things are bad — worse than bad. They're crazy. It's like everything everywhere is going crazy, so we don't go out anymore. We sit in the house, and slowly the world we are living in is getting smaller, and all we say is: 'Please, at least leave us alone in our living rooms. Let me have my toaster and my TV and my steel-belted radials and I won't say anything. Just leave us alone.'

Well, I'm not gonna leave you alone. I want you to get MAD! I don't want you to protest. I don't want you to riot — I don't want you to write to your congressman, because I wouldn't know what to tell you to write. I don't know what to do about the depression and the inflation and the Russians and the crime in the street. All I know is that first you've got to get mad. [shouting] You've got to say: 'I'm a human being, god-dammit! My life has value!'

Predictably, the $CRB bounces hard off the MA200... cuts clean through the MA50...

Like RJA, DBA is having difficulty moving up...

Absolutely stunning w/century old weather records being smashed!!!

More food inflation around the corner, around the globe:

Slipping below all moving averages...

So far, so good... almost buy time again...

DBA Even the weekly charts are impressively bullish...

see the charts in the i-Box/i-Message...

The commodity bull is obviously full steam ahead...

Here's the CRB bull showing the same or similar:

Too many cobwebs and too much dust here...

DBA weekly chart:

DBA... the bull is just starting in commodities...

Grain complex has some serious movement in parts but not the traditional leader which has always been oats. Watching closely.

With oats/soybean oil heading up, during the next 3-6 months, DBA could do really well...

Active premarket! Divergence suggest that this stock is ready to pop!

I jumped last week...the Fed announcement was a good thing and its almost spring time.
Things will be looking better soon.

What's your price target on this one? Think it can do $35 by January or is that shooting too high?

This chart has gone wild in the last 2-3 weeks!!!

Scoreboard for the week: +0.56%

2011 was not very kind to this fund...

Cowl is much better play than DBA when the time comes actually.

Still trending downward... I am standing aside... waiting/watching.

I jumped in DBA too early. I am sure when market crashes, this will go down with it. That has to be the best time to buy DBA, MOO and TBT, IMO.

Nothing has changed fundamentally... inflation = high prices and this ETF will continue to benefit.

Daily & weekly charts look good at this point.

-1.48% is the scorecard for the week...

Wow! Every single one of my ETFs is red today. Food commodities, China, Taiwan, Latin America....nothing green. Sucky day!

US corn reserves expected to fall to 15-year low

Corn reserves projected to fall to 15-year low, a trend that could lead to higher food prices

On Friday April 8, 2011, 10:40 am EDT

ST. LOUIS (AP) -- Rising demand for corn from ethanol producers is pushing U.S. reserves to the lowest point in 15 years, a trend that could lead to higher grain and food prices this year.

The Agriculture Department on Friday left its estimate for corn reserves unchanged from the previous month. The reserves are projected to fall to 675 million bushels in late August, when the harvest begins, or roughly 5 percent of all corn consumed in the United States. That would be the lowest surplus level since 1996.

The limited supply is chiefly because of increasing demand from ethanol makers, which rose 1 percent to 5 billion bushels. That's about 40 percent of the total crop.

But the increase didn't alter the agency's overall estimate, mostly because livestock producers are expected to scale back their corn purchases.

The Agriculture Department estimated that demand from livestock producers fell 1 percent to 5.15 billion bushels.

Crops prices rose about 1 percent to $7.67 during morning trading, shortly after the report was released. The price of soybean rose 1 percent to $13.80 a bushel. Wheat was virtually unchanged at $7.76 a bushel.

Corn prices affect most products in supermarkets. Corn is used to feed the cattle, hogs and chickens that fill the meat case, and it is the main ingredient in cereals and soft drinks.

The last year has been great for this ETF...

On Friday March 4, 2011, 12:54 pm EST

TAMPA, Fla. (AP) -- Federal officials are expecting a record year for U.S. agriculture exports.

Agriculture Secretary Tom Vilsack says farm and food products are expected to reach a record $135.5 billion in fiscal year 2011, which ends in September.

Vilsack told The Associated Press that U.S. agriculture may have its best export year ever. Compared to fiscal 2010, export value is expected to grow 25 percent.

Vilsack spoke Friday in Tampa at the Commodity Classic, a large convention and trade show for the U.S. corn, soybean, wheat, and sorghum industries that draws some 4,500 farmers from around the nation.

When $US become not reserve currency, DBA and TBT are going to take off.

I still don't get it. Can you explain breafly?
Thanks

Excellent response... thx Dew.

Here are a couple of references that can help answer your question:

#msg-54541553
#msg-58789145

Regards, Dew

Why is this thing going up when oil is skyrocketing? It is obious food price will skyrocket also, DBA?

Unstoppabull my friends, for the week: +1%!!!

A new multi year closing high.

Looks like a small cup & handle ready for take-off.

Great board...

Since June 1, this is strong like a garlic milkshake.

Unreal volume has come into this and sustained itself for over 2 years!

Technicians will love this chart>>>>>

http://stockcharts.com/h-sc/ui?s=DBA&p=D&yr=0&mn=6&dy=0&id=p54597480102

Clean breakout of the horizontal resistance at $25.03 and a clean break above the 200 day moving average at $25.15. AND ON INCREASING VOLUME 3 DAYS IN A ROW.

Tomorrow may or not be up, but DBA is on it's way.

http://tivate.com/wp-content/uploads/2008/05/blast_off.jpg

GL ALL