NEWS
Darin Newsom DTN Senior Analyst
Wed Apr 17, 2013 07:39 AM CDT

Long-Term Downtrend Continues in Commodities

In the past I've shown weekly charts for the Continuous Commodity Index (CI.X), but as a tie-in to my Tuesday On the Market column (The Rise and Fall) I wanted to show the major (long-term) trend of the commodity sector. And as you can see on the monthly chart, this major trend remains down.

According to the CI.X, the commodity sector peaked back in March 2011 when the index established a bearish key reversal. This pattern consists of the market (or index) moving to a new high, taking out the previous month's low, and closing ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
DTN Before The Bell Grain Comments
Technically Speaking Blog
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
Kub's Den
DTN Midday Grain Comments
Technically Speaking Blog