Names in the food space are in the limelight after Russia suspended shipments of grain from the Black Sea.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest move by Russia in its conflict with Ukraine came after it claimed a drone attack on its Crimean fleet by Ukraine. The development means a stopper to shipments out of Ukraine which is one of the largest grain exporters globally.
Consequently, the Teucrium Wheat Fund ETF (WEAT) is already up nearly 5% in the pre-market session today and about 17.6% year-to-date.

Additionally, the Teucrium Corn Fund ETF (CORN) is up 2% today already on top of the nearly 26% price gain so far this year.
The European Union has urged Russia to withdraw the move.
Related tickers:
Read full Disclosure
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue