Commodities Update - 23 May 15

BDI slid below 600 level closing at 586 (22 May) from 637 (15 May)

Summary
Most commodities are closed lower while USD strengthening.  Coffee Arabica is the worst performer, down more than 10%.

COT
Instruments that show buying interest by Producer/Merchant/Processor/User
Down Trend

• Corn
• Soybean
• Soybean Meal
• Rough Rice (1)
• Lumber (1)

Neutral

• Orange Juice (1) (From DT to Neutral)

Up Trend

• Wheat
• Cotton
• Gasoline

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• Crude
• Soybean Oil
• Feeder Cattle
• Copper

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) No COT data available
Down Trend and Up Trend is based on 50 Simple Moving Average