Agricultural ETFs Top S&P 500 Two Months in a Row: Here's Why
Agricultural commodity ETFs are rallying near 52-week highs driven by adverse weather conditions, geopolitical tensions, and supply disruptions. Corn prices surged due to crop stress and ethanol demand, soybeans benefited from strong export demand and Black Sea disruptions, while wheat prices climbed amid disrupted exports from Russia and Ukraine. Analysts expect the rally to persist through late 2026 and early 2027 due to strengthening El Niño patterns and ongoing geopolitical tensions.