AwesomeAvani

WEAT- an agricultural ETF for wheat futures.

AMEX:WEAT   Teucrium Wheat Fund ETV
WEAT is essentially tracking wheat future contracts of various lengths. Importantly, the war in

Ukraine took a disastrous turn when the Russians sabotaged a major dam subjecting thousands

of acres of farmland to potential flooding and compromising the cooling pools for the nuclear

electric generating plant that services a multitude of people. Urkaine is sometimes called the

the breadbasket of the world due to its wheat crops which are due to be harvested. Flooding

will disrupt or prevent harvesting altogether. The 15-minute chart here shows movement of

WEAT price over the first part of this month. While WEAT does not offer s high reward ROI,

it is a low-risk trade for a reasonable return. The issue in Ukraine in dire and will not resolve

easily; its impact on wheat prices cannot be overstated.
Penafian

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