{"product_id":"v14-c03-theknig-pdf","title":"V.14:3 (111-114): The Knight-Ridder CRB Index by Raymond T. Murphy","description":"STATISTICS\u003cbr\u003e\u003cbr\u003eThe Knight-Ridder Crb Index\u003cbr\u003e\u003cbr\u003eThe Knight-Ridder-Commodity Research Bureau Index - the CRB to you and me\n- has been updated to reflect today's commodity markets. Here's an explanation\nof the changes to this industry barometer.\nby Raymond T. Murphy\u003cbr\u003e\u003cbr\u003eThe Knight-Ridder-Commodity Research Bureau (CRB) Index has been the premier barometer of commodity\nprices since 1956, tracking tradables such as wheat and corn, crude and heating oil. Over the years, the index has\nevolved into a comprehensive commodity benchmark covering a wide range of actively traded commodity futures\ncontracts. As futures markets have matured and new markets have come into being, the KR-CRB Index has changed\nalong with them. By adding crude oil to the index in 1982 and deleting some agricultural commodities in 1987, the\nindex has kept pace with many of the advances in the commodity investment area.\u003cbr\u003e\u003cbr\u003eThe KR-CRB Index futures contract began trading on the New York Futures Exchange (NYFE) in 1986. Since then,\nthe index has been scrutinized to make available a market where both large investors and small are able to replicate\nthe movement of a basket of commodity futures contracts at a fraction of the cost of owning the individual contracts.\nOver the years, several component commodities of the index came to be viewed as nonessential, while other\nimportant commodities were added. As time passed, these changes were all undertaken with the sole purpose of\nmaintaining an accurate and meaningful measurement of commodity prices. The final and most significant changes\nwere implemented on December 6, 1995.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133794480497,"sku":"\\V14\\C03\\THEKNIG.PDF","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_a02628f0-9218-4b63-8ec5-4dc3ed6ea0c9.jpg?v=1739652687","url":"https:\/\/shop.traders.com\/products\/v14-c03-theknig-pdf","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}