One vehicle to gain exposure to the broad global picture is the US based Invesco DB Agricultural ETF (DBA US) which by definition is denominated in $US. Another alternative is the local FOOD ETF which is hedged against FX moves and holds global agricultural stocks but not Australian ones.
MM is holding the DBA ETF in our Global Macro ETF Portfolio: Click here to view
MM is bullish the DBA ETF below $US20
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