NEW YORK ( TheStreet) -- The biggest news of the week was the Greek debt situation and a European backstop plan that includes the IMF. It ended the slide in the euro, but stocks remained shaky.
UNG's downfall the past two years has been spectacular. Since reaching its peak in June 2008, the fund has been on a downward slide, losing more than 80% of its value. This week, the fund continued to new record lows, a trend that doesn't show signs of stopping. iPath Dow Jones-UBS Grains Total Return Subindex ETN ( JJG) -3.1% Another subsector that has seen nothing but pain in 2010 has been the grain industry. Strong forecast global yields coupled with a strengthening dollar, weak demand and a mild winter continued to push prices for wheat, corn and soybeans lower this week. Wheat's decline this week dragged the crop's price to record lows for 2010. -- Written by Don Dion in Williamstown, Mass.