While the US equities markets are down substantially this year, most commodities continue to rise. Wheat which was last year's winner (up 77% in 2007) continues to soar, is already up another 20% YTD and trading near its 52 week high. Oil, on the other hand, is down 8% YTD after gaining 57% last year.
Here is a table of some leading commodities and how they have performed on a YTD basis, in 2007 and since their 52 week high.