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:
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.