| Current Reuters CRB Components |
Subgroup |
Markets |
Subgroup Weight |
| Energy |
Crude Oil, Heating Oil, Natural Gas |
17.6% |
| Grains |
Wheat, Corn, Soybeans |
17.6% |
| Industrials |
Copper, Cotton |
11.8% |
| Meats |
Live Cattle, Lean Hogs |
11.8% |
| Softs |
Coffee, Cocoa, Sugar
Orange Juice |
23.5% |
Precious Metals |
Gold, Silver, Platinum |
17.6% |
|
As with most indices the composition and weight assigned each component in the CRB Index has changed over time. Those
included in the table to the left reflect the ninth revision made December 6, 1995 and remain static. However,
this is now identified as the Reuters CCI (Continuous Commodity Index) after another revision was made to the CRB. (That
tenth revision changed both composition and weighting. Rather than weighting each component equally, as does the ninth revision,
the tenth attempted to reflect the significance of each commodity in a 4-tiered grouping: energy makes up 39%, agriculture 41%, precious
metals 7%, and base metals 13%.)
For purposes of continuity and more accurately to portray historical price change, MRCI continues to use the ninth revision, the CCI.
Thus, this bellwether indicator illustrates in the charts below a "macro-"picture of how prices for physical commodities have changed over the
last 40 years.
The Continuous Commodity Index (CCI) delayed quotes are available here: http://www.crbtrader.com/crbindex/crbdata.asp
|