Commodities are sought after by investors. What's not to like about corn, crude oil, or gold?
Some commodities have been on a tear in recent months, while others have significantly fallen off their highs. In fact, the Reuters/Jefferies CRB Index, a global commodity benchmark tracking 19 commodities mostly traded in the U.S., is down 32 percent from its all-time high back in July 2008.
So far in 2011, the CRB index is off 3.8 percent, compared with an 8.2 percent loss for the S&P 500. Despite that trend, several individual commodities continue to sharply outperform the broader market year-to-date, boosting equities and indexes particularly exposed to fluctuating commodity prices.
CNBC’s Analytics Team compiled a list of the 10 best and worst performing commodities in the CRB index, based on the closing prices on Aug. 5, 2011. Click ahead to learn about the hot, and not so hot, commodities of 2011.
By Giovanny Moreano
Posted 8 Aug 2011
Note: Original prices listed are intraday prices as of 10:10 a.m. on Aug. 8. Prices are subject to change throughout the day.