Commodities Have Been Clobbered over the Past Week

Filed under: Market Matters, Commodities, Oil, S and P 500

Except for the safe haven of U.S. treasuries and the U.S. dollar, most other commodities are getting slaughtered in the wake of the Japanese crisis.

Here are some prices of nearby contracts compared to five days ago:

• WTI crude is trading at $97.68 per barrel, down from $105


• Wheat is at $6.89 per bushel, down for $7.89


• Corn is at $6.48 per bushel, down from $7.11


• Soybeans are trading at $13.28 per bushel, down for $13.83


• S&P futures are trading at 1262, down from 1306.


• Live cattle are at $1.13 per pound, down from $1.18


• Gold is at $1,397 per ounce, down from $1,436


• Silver is trading at $34 per ounce, down from $36


• Cotton is at $1.90 per pound, down from $2.13


• Coffee is trading at $2.64 per pound, down from $2.96


• Sugar is at 26 cents per pound, down from 30 cents.

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Commodities Have Been Clobbered over the Past Week originally appeared on BloggingStocks on Tue, 15 Mar 2011 17:00:00 EST. Please see our terms for use of feeds.

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