This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

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.

After a hearty breakfast, let's put some clothes on and get ready for a big day. Cotton prices year to date are lower by 17% at current pricing, but the dramatic swings are a bigger story. In 2012, high-to-low cotton prices have traded as high as 97 cents and as low as 65 cents. The current price is 73.

In order to tell time, I know we could use our iPhone 5, but let's actually wear our gold watch. The decade-long bull market lives with gold prices up 10% year to date.

At these prices it may make sense to ride our bicycle or walk, but we're late for a meeting and need to drive an SUV. At 13 miles per gallon it's painful, but the fold-down back seat is sure great. RBOB gasoline prices are up 14% from the first of the year. We did get some relief in the spring, but just since June prices have appreciated 35%.

After a long day at work nothing satisfies me like a big juicy steak. Live cattle prices are less than 1% off their prices at the New Year. But the beef market has not been sideways, with a 15-cent trading range year to date. At current levels I'm looking for a selling opportunity. When that happens, let's stock up on Prime beef at Costco.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs