Commodity Report #46

About dramatically rising food prices, why its so hard to replace Russia as an oil supplier and why copper eyes some weakness over the next months.

The benchmark, CRB Commodity Index, ended the week 1,7% higher

Over the last week, oil was continuing its consolidation, while Natgas continued its strong upward trajectory. Grains were all up after the latest WASDE report was getting published on Friday. Metals were also solid on the winning side as were softs. Only cotton and live cattle continued thei…