Seeking Alpha

Corn has delivered the best 2012 performance of ten major commodities tracked by Bespoke: buoyed...

Corn has delivered the best 2012 performance of ten major commodities tracked by Bespoke: buoyed by strong Asian demand, its price has risen 17.3% YTD. Coffee has delivered the worst performance, declining 34.8% - expect that drop to provide a nice 2013 lift to the margins of SBUX, DNKN, and other coffee chains, as it becomes reflected in new contract prices. Oil is down 8%, its first annual decline since '08. 7 of the 10 tracked commodities are up on the year.
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