— Jeff Gordinier The Wall Street Journal: Commodity tomatoes are bright red and travel well, but they have no taste.
WALL STREET JOURNAL Commodity Fund Said to Lose 14 Percent in May | The $3.1 billion Astenbeck hedge fund run by the energy trader Andrew Hall was down 14.4 percent in May, putting its loss for the year at 6.4 percent, unidentified people familiar with the fund's performance told Reuters.
WALL STREET JOURNAL Co-Founder of Commodities Fund Plans a New Venture | Financial News reports: "The co-founder of BlueGold Capital Management, the commodities hedge fund manager whose fund shut down last year after losing a third of its value in 2011, is preparing to launch a hedge fund that will focus on trading oil derivatives".
In 1998, when Odom was roughly the same age Mayo is now, he told The Providence Journal: "You become a commodity and I went along with that.
NEW YORK POST Ackman Discusses Missteps at Penney | REUTERS Copper Supply Said to Be Concentrated at 2 Trading Firms | The Wall Street Journal reports: "Two major commodities-trading firms have amassed much of the world's copper supplies in their warehouses, partly by paying to divert shipments away from other storage hubs, traders and analysts say".
Prices of industrial materials rose 12percentt in the first quarter, according to an index of 18 commodities from The Journal of Commerce's Economic Cycle Research Institute, and crude oil futures increased 10percentt.
A Pratt and Whitney executive told the Wall Street Journal, "Engines are no longer commodities...the optimization of the engine and the aircraft becomes more relevant".
WALL STREET JOURNAL Goldman Predicts a Recovery in Commodities | Goldman Sachs projected that a commodity index would rise 29 percent over the next year, despite uncertainty in Europe, Bloomberg News reports.
WALL STREET JOURNAL Hedge Funds Bid Up Commodity Prices | The increase in bullish bets ended a two-week rout, Bloomberg News reports.
Originally only midwives were to be paid and physicians were to be compensated by commodities like international medical journal subscription or participation in international congresses.
