Prices of Agriculture Commodities Are At Their Multi - Year Support

It looks like the agriculture commodities are forming their bottoms. These days their prices are near the long-term support. Please, look at the charts below:

The chart shows two investment vehicles replicating the prices of agriculture commodities:

1. the first one is DBA, which tracks the price and yield performance of the Deutsche Bank Liquid Commodity Index - Optimum Yield Agriculture Excess Return. The table below lists the commodities tracked by DBA:

                                                source: Deutsche Asset and Wealth Management

2. the second one is RJA, which replicates the Rogers International Commodity Index – Agriculture Total Return index. The table below lists the commodities tracked by RJA:

                                                                                 source: elementsetn.com

Going back to the chart, it can be spotted that both vehicles are at their multi-year supports (the blue area). In my opinion, the majority of agriculture commodities should start forming their bottoms.