The Commodity Research Bureau (CRB) Index acts as a representative indicator of today's global commodity markets. It measures the aggregated price direction of various commodity sectors.
The index comprises 19 commodities, with 39% allocated to energy contracts, 41% to agriculture, 7% to precious metals, and 13% to industrial metals. The CRB is designed to isolate and reveal the directional movement of prices in overall commodity trades.
The Commodity Research Bureau Index, or CRB Index, is an index of sensitive commodities designed to gauge the average direction of movement in the commodity sector.
The index is composed of:
Fats and Oils: Soybean Oil, tallow, butter, and lard.
Textiles and Fibers: Print cloth, burlap, wool tops, and cotton.
Foodstuffs: Sugar, butter, hogs, cocoa, Kansas City wheat, soybean oil, steers, corn, Minneapolis wheat, lard.
Metals: Lead, tin, copper, steel, zinc.
Livestock and Products: Steers, hides, lard, tallow, hogs.