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Sink Your Teeth Into Soybeans

You may be most familiar with soybeans as the snack, edamame, served at your favorite Japanese restaurant or as a dairy-free alternative to milk in your morning coffee. As a commodity, however, soybeans are ubiquitous in the American food supply. Soybeans appear as protein-rich flour in processed foods, vegetable oil and meal for animal feed. In addition, various forms of fermented and prepared soy are staples of many Asian diets. One ETF that tracks the price of soybeans is Teucrium Soybean (SOYB).

This fund is designed to mirror the daily changes of the weighted averages of the closing settlement prices for three soybean futures contracts traded on the Chicago Board of Trade (CBOT). It normally uses direct investment in those futures contracts, but it may also invest in options on exchange-traded soybean futures contracts or in soybean-based swap agreements.

While soybean demand remains high worldwide, soybean production has more than met the demand, depressing prices. Therefore, the fund is down 3.49% for the year. It was up 0.09% in 2012, after a drought.

Read more about how you can profit from soybeans at Eagle Daily Investor.

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As a commodity, soybeans are ubiquitous in the American food supply. Soybeans appear as protein-rich flour in processed foods, vegetable oil and meal for animal feed.

archive

Sink Your Teeth Into Soybeans

As a commodity, soybeans are ubiquitous in the American food supply. Soybeans appear as protein-rich flour in processed foods, vegetable oil and meal for animal feed.

You may be most familiar with soybeans as the snack, edamame, served at your favorite Japanese restaurant or as a dairy-free alternative to milk in your morning coffee. As a commodity, however, soybeans are ubiquitous in the American food supply. Soybeans appear as protein-rich flour in processed foods, vegetable oil and meal for animal feed. In addition, various forms of fermented and prepared soy are staples of many Asian diets. One ETF that tracks the price of soybeans is Teucrium Soybean (SOYB).

This fund is designed to mirror the daily changes of the weighted averages of the closing settlement prices for three soybean futures contracts traded on the Chicago Board of Trade (CBOT). It normally uses direct investment in those futures contracts, but it may also invest in options on exchange-traded soybean futures contracts or in soybean-based swap agreements.

While soybean demand remains high worldwide, soybean production has more than met the demand, depressing prices. Therefore, the fund is down 3.49% for the year. It was up 0.09% in 2012, after a drought.

Read more about how you can profit from soybeans at Eagle Daily Investor.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Doug Fabian is the editor of Successful Investing and High Monthly Income, and is the host of the syndicated radio show, "Doug Fabian's Wealth Strategies." Taking over the reigns from his dad, Dick Fabian, back in 1992, Doug has continued to uphold the reputation of the newsletter as the #1 risk-adjusted market timer as ranked by Hulbert‚??s Investment Digest. For more than 30 years, Successful Investing (formerly the Telephone Switch Newsletter) has produced double-digit annual gains. Doug has become known for his expert knowledge and timely use of innovative tools like Exchange Traded Funds, bear funds and Enhanced Index funds to profit in any market climate.

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