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Commodities Briefing - Categorized | Agriculture, Commentaries, Commodity Crisis more

Agricultural commodities take hit in 2008

Posted on 06 January 2009

From Foodproductdesign.com: Commodities sealed their worst year on record with accelerating losses in the fourth quarter of the year, data showed Jan. 1. Industrial metals, crude oil and even grains stumbled as the world fell into recession, wiping out six years of nearly unbroken gains in the space of months.

Commodities led the charge lower over the second half of the year with more than 50-percent plunge since July, double the decline in the U.S. Dow Jones stock index, and some analysts predict a lag in recovery until the second half of 2009….. Full Article: Source


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