Sugar, a member of the softs family, is one of the more popular commodities among investors as it is known to exhibit volatile daily swings, leaving the door open for some handsome gains. While sugar may seem like a strange investment, it is an international commodity just like crude oil or copper. But for commodity traders looking for glaring trends in recent environments, sugar is it. The past week has watched a number of commodities face devastation, as increased market volatility has put a significant amount of pressure on these global assets. Over the trailing five day period, sugar has been the top dog as far as commodities are concerned, posting gains of 3.2%, while others, like silver, lobbed off more than 10% of their prices [see also Ultimate Guide To Sugar Investing].
While stocks have been posting big numbers over the past few trading sessions, commodities have been struggling to find their ground. A slew of good data from the U.S. has given a fair amount of momentum to equities, but commodities have remained volatile, as many seem to have their gaze fixated on sky-high crude oil and subsequent gas prices, though crude tapered off to end the week. Orange juice and soybean futures took the lead this past week, as both contracts tacked on more than 5% to their underlying prices. Meanwhile, natural gas continued its slide, surrendering roughly 8% on the week while gold futures dipped by nearly 4%. In an effort to keep our readers up to date on the fast paced world of commodities, we outline three of the best stories from around the web this week [see also Why Warren Buffett Hates Gold].