So far this year has been moderate for agricultural commodities as is evident from the 2.5% gains (as of March 1, 2017) in the broader soft commodity ETF PowerShares DB Agriculture ETF (DBA – Free Report) . Even a subdued greenback, which normally backs commodity investing, could not turn the tide for all commodity exchange-traded products.

While the high chances of the U.S. dollar gaining strength on possibility of faster Fed rate hikes might spoil the party for agricultural commodities, cheaper valuation and some grain-specific factors may provide support to a few agricultural ETF/ETNs.

In the light of this, we highlight three agricultural exchange-traded products that could be Buy candidates going forward.

Coffee

While coffee prices are on an uptrend lately on higher demand, inclement weather in the major producing region – Brazil – have hampered the output. Also, increasing demand in global markets owing to a rebound in economic conditions boosted the outlook for coffee prices.

Three years of drought in Brazil has primarily resulted in the dreary situation. As per Financial Times, about 90% of Brazil’s robusta beans — the lower quality type — is consumed domestically. Lack of supplies led Brazilians to opt for their first bean import.

Investors can thus invest in exchange-traded products like iPath Bloomberg Coffee Subindex Total Return ETN (JO – Free Report) and iPath Pure Beta Coffee ETN (CAFE – Free Report) . Both the products have a Zacks Rank 2 or a ‘Buy’ rating and charge 75 bps.

Corn

As per the Department of Agriculture, U.S. corn inventories will likely be subdued before the 2018 harvest on reduced plantings and stronger demand. This would mark the first since 2013, indicating renewed strength in corn prices.

Investors should note that the commodity has been under pressure for long. With prices at the lowest point in recent years, farmers have actually cut back on production.