Agricultural ETF (MOO) Sees Pressure On Weaker Futures Prices

May 9, 2012 3:23 PM EDT
Agricultural ETF (NYSE: MOO) sold off today after wheat and corn futures prices dropped. An early spring pushed planting and farming schedules up and analysts are already predicting record crops.

Corn and wheat futures were both down approximately 1.8 percent. MOO was also down 1.8 percent.


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