An ETN To Play The Potential Meat Shortage


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It's being reported that Russian hackers are behind the cyber attack against JBS, the world's largest meatpacker. The company has said it's making significant progress in resolving the issues, but some analysts believe the disruption of operations could lead to higher meat prices.

If this happens, there a good chance that the price of the iPath Series B Bloomberg Livestock Subindex Total Return ETN (NYSE:COW) will move higher as well.

The ETN invests in cattle and lean hog (pork belly) futures. This is a way for individual investors to gain exposure to these markets.

The ETN trades around $38.55 per share at publication time.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Specialty ETFsTop StoriesETFscattleJBSmeatpork belly