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Commodities Briefing - Categorized | Agriculture, Index more

S&P: Agriculture leads the S&P GSCI lower in February

Posted on 04 March 2009

Standard & Poor’s, the world’s leading index provider, announced today that the S&P GSCI lost 6.10% in February, marking its eight consecutive month of declines. Leading the Index lower during the month was the S&P GSCI Agriculture Index, which fell 8.15%.

“While Agriculture was the weakest sector within the S&P GSCI in February, the biggest blow was delivered by Energy, the largest Index sector by weight, which fell 7.39% during the month,” says Michael McGlone, Director of Commodity Indexing at Standard & Poor’s…. Full Press Release: Source


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