Cotton and Sugar in the Midst of Mean Correction

After rising to astronomical levels, both cotton and corn are getting hammered in recent weeks, with cotton down 15% and sugar off by 8% over the past 2 weeks. Conversely, silver and coffee are charging higher, with silver up 14% and coffee 11%, over the same time frame.

Over the past three months, cotton is up 20%, sugar is down 16%, silver is up 63% and coffee is up 25%.