Agricultural Commodities Take a Hit | Tainted Alpha

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Agricultural Commodities Take a Hit

January 12th, 2010 by Belisarius

United States Department of Agriculture issued Crop Production 2009 Summary for January. Production of all major agricultural commodities is expected at record numbers.

The report sparked a major sell-off.

Chart 1. Dow Jones – UBS Corn Subindex

Source: StockCharts.com

Chart 2. Dow Jones – UBS Wheat Subindex

Source: StockCharts.com

Chart 3. Dow Jones – UBS Soybeans Subindex

Source: StockCharts.com

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Agricultural Commodities, Corn, Soybeans, Wheat

This entry was posted on Tuesday, January 12th, 2010 at 2:53 pm and is filed under Commodities. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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