The Commodity Research Bureau’s all commodities price index fell 1.3 percent month over month in August 2014. Contributing to the reduction were decreases in both major index subdivisions, foodstuffs (such as beans, corn, and hogs) and raw industrial materials (such as cotton, rubber, and steel scrap). Since January 2014, the all commodities price index rose 6.0 percent, with foodstuffs rising 14.9 percent and raw industrial materials rising 0.3 percent. However, the all commodities index continues to be well below its April 2011 peak level of 575.7.
