DBA: Allocatiion (from Yahoo Finance) Cash 24.11% Coffee C Future Sept 21 7.43% Corn Sept21 6.82% Sugar No. 11 Futures Sept21 6.71% Soybean Nov21 *** When a sovereign puts "price controls" in place, it becomes uneconomical for producers of that commodity to produce more. Result: shortages. Case in point, Sovereigns probably capping Gold and Silver. But who cares? Who is buying Gold and Silver. Sovereigns don't care. On the other hand, if Sovereigns capped the price rises in AGs (especially Grains), This would be a huge problem for all Sovereigns. "Civil Unrest" ** BTW Food stamp "entitlements" were increased 15%/ year, this past Oct, 2021 c ivil unrest might follow.
I have it right on the vwap and the 50dma. Volume dropping off a little bit. Interesting area….worth watching.