A Typical Day, Commodity Style
Let's say most people, including myself, have a cup of Joe when they wake up. Coffee prices are lower by 23% year to date.
After a couple of cups of coffee, let's get some vitamin C in our system and why not eat a bowl of Corn Flakes? FCOJ prices are lower by 23% in 2012, but well above their 2008 lows when prices were almost half the current price. Jumping over to the grains, CBOT wheat prices are higher by 23%, while corn prices have appreciated 31%. For what it is worth, I think grain prices will see further depreciation. Just maybe our cereal and loaves of bread will see price declines in the weeks/months to come....265 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.