<![CDATA[BLACKROCK RESOURCES & COMMODITIES STRATEGY TRUST]]>

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-22501

Name of Fund:    BlackRock Resources & Commodities Strategy Trust (BCX)

Fund Address:    100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Resources & Commodities Strategy Trust, 55 East 52nd Street, New York, NY 10055

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 10/31/2014

Date of reporting period: 01/31/2014

Item 1 – Schedule of Investments

Consolidated Schedule of Investments January 31, 2014 (Unaudited)    BlackRock Resources & Commodities StrategyTrust (BCX)
   (Percentages shown are based on Net Assets)

 

Common Stocks    Shares      Value  

Chemicals — 13.1%

      

Agrium, Inc.

      73,800       $ 6,427,980   

CF Industries Holdings, Inc. (a)

      21,000         4,848,060   

Israel Chemicals Ltd.

      475,730         3,888,932   

Monsanto Co. (a)

      240,300         25,603,965   

The Mosaic Co. (a)

      153,908         6,873,531   

Potash Corp. of Saskatchewan, Inc. (a)

      301,900         9,455,508   

Syngenta AG

      60,803         21,495,811   
     

 

 

  
                78,593,787   

Food Products — 7.6%

      

Archer-Daniels-Midland Co. (a)

      223,900         8,839,572   

Bunge Ltd. (a)

      177,800         13,470,128   

Ingredion, Inc. (a)

      143,195         8,921,050   

Nestle SA

      109,171         7,911,771   

Tyson Foods, Inc., Class A

      180,000         6,732,000   
     

 

 

  
                45,874,521   

Machinery — 3.0%

      

AGCO Corp. (a)

      107,933         5,756,067   

CNH Industrial NV (b)

      564,692         5,951,854   

Deere & Co. (a)

      72,420         6,225,223   
     

 

 

  
                17,933,144   

Metals & Mining — 22.4%

      

BHP Billiton Ltd. — ADR (a)

      405,400         25,925,330   

First Quantum Minerals Ltd. (a)

      632,600         11,320,061   

Freeport-McMoRan Copper & Gold, Inc. (a)

      593,200         19,225,612   

Fresnillo PLC

      478,700         5,978,613   

Glencore Xstrata PLC

      2,391,500         12,609,103   

Goldcorp, Inc. (a)

      150,729         3,751,645   

Labrador Iron Ore Royalty Corp. (a)

      200,353         5,855,435   

Lundin Mining Corp. (a)(b)

      1,740,000         7,608,350   

MMC Norilsk Nickel OJSC — ADR

      398,200         6,049,843   

Nevsun Resources Ltd.

      2,204,650         8,096,089   

Rio Tinto PLC — ADR (a)

      447,800         23,800,570   

Vedanta Resources PLC

      336,750         4,451,488   
     

 

 

  
                134,672,139   

Oil, Gas & Consumable Fuels — 49.6%

      

BP PLC — ADR (a)

      452,500         21,217,725   

Cairn Energy PLC (b)

      2,715,000         9,628,197   

Canadian Oil Sands Ltd.

      744,000         13,373,630   

Chevron Corp. (a)

      382,300         42,676,149   
Common Stocks    Shares      Value  

Oil, Gas & Consumable Fuels (concluded)

      

China Shenhua Energy Co. Ltd., Series H

      4,388,000       $ 11,332,003   

ConocoPhillips (a)

      388,500         25,233,075   

Cosan Ltd., Class A

      342,400         3,958,144   

Enbridge, Inc. (a)

      280,400         11,772,394   

Eni SpA — ADR

      236,400         10,732,560   

Exxon Mobil Corp. (a)

      512,399         47,222,688   

Imperial Oil Ltd. (a)

      197,300         8,069,149   

Inpex Corp.

      897,900         10,638,992   

Royal Dutch Shell PLC — ADR (a)

      398,200         27,515,620   

Southwestern Energy Co. (a)(b)

      265,600         10,807,264   

Statoil ASA

      678,900         16,090,387   

Total SA — ADR

      148,900         8,512,613   

Ultra Petroleum Corp. (a)(b)

      839,400         20,103,630   
     

 

 

  
                298,884,220   

Real Estate Investment Trusts (REITs) — 0.8%

      

Plum Creek Timber Co., Inc. (a)

      68,500         2,950,295   

Rayonier, Inc.

      46,600         2,062,516   
     

 

 

  
                5,012,811   

Total Long-Term Investments

(Cost — $596,801,105) — 96.5%

               580,970,622   
     
Short-Term Securities                

BlackRock Liquidity Funds, TempFund, Institutional Class, 0.03% (c)(d)

      25,765,634         25,765,634   

Total Short-Term Securities

(Cost — $25,765,634) — 4.3%

               25,765,634   

Total Investments Before Options Written

(Cost — $622,566,739*) — 100.8%

               606,736,256   
     
Options Written                

(Premiums Received — $4,153,088) — (0.4)%

               (2,525,750 ) 

Total Investments Net of Options Written — 100.4%

         604,210,506   

Liabilities in Excess of Other Assets — (0.4)%

         (2,193,913 ) 
     

 

 

  

Net Assets — 100.0%

       $ 602,016,593   
     

 

 

  
 
Portfolio Abbreviations        
To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many securities have been abbreviated according to the following list:  

ADR     American Depositary Receipt

CAD     Canadian Dollar

CHF     Swiss Franc

GBP     British Pound

HKD     Hong Kong Dollar

  

ILS       Israeli Shekel

JPY      Japanese Yen

NOK    Norwegian Krone

USD     US Dollar

 

          JANUARY 31, 2014    1

Consolidated Schedule of Investments (continued)      BlackRock Resources & Commodities StrategyTrust (BCX)   

 

Notes to Schedule of Investments

 

* As of January 31, 2014, gross unrealized appreciation and gross unrealized depreciation based on cost for federal income tax purposes were as follows:

 

Tax cost

    $ 649,167,994   
  

 

 

  

Gross unrealized appreciation

    $ 21,240,715   

Gross unrealized depreciation

      (63,672,453 ) 
  

 

 

  

Net unrealized depreciation

    $ (42,431,738 ) 
  

 

 

  

 

(a) All or a portion of security has been pledged/segregated as collateral in connection with outstanding options written.

 

(b) Non-income producing security.

 

(c) Represents the current yield as of report date.

 

(d) Investments in issuers considered to be an affiliate of the Trust during the period ended January 31, 2014, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliate    Shares Held at
October 31, 2013		     

Net

Activity

     Shares Held at
January 31, 2014		      Income  

BlackRock Liquidity Funds, TempFund, Institutional Class

      29,416,955         (3,651,321 )      25,765,634       $ 2,853   

 

Ÿ  

For Trust compliance purposes, the Trust’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by the investment advisor. These definitions may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease.

 

Ÿ  

Exchange-traded options written as of January 31, 2014 were as follows:

 

Description    Put/
Call		     

Strike

Price

      Expiration
Date		      Contracts      Market
Value		  

The Mosaic Co.

      Call         USD         48.00         2/07/14         403       $ (806 ) 

Chevron Corp.

      Call         USD         123.00         2/14/14         255         (1,402 ) 

Chevron Corp.

      Call         USD         121.75         2/22/14         302         (1,499 ) 

AGCO Corp.

      Call         USD         60.00         2/24/14         20         (200 ) 

Archer-Daniels-Midland Co.

      Call         USD         44.00         2/24/14         521         (13,286 ) 

Archer-Daniels-Midland Co.

      Call         USD         45.00         2/24/14         265         (4,638 ) 

BHP Billiton Ltd. - ADR

      Call         USD         70.00         2/24/14         1,000         (12,500 ) 

Bunge Ltd.

      Call         USD         85.00         2/24/14         100         (1,000 ) 

CF Industries Holdings, Inc.

      Call         USD         240.00         2/24/14         73         (20,002 ) 

Chevron Corp.

      Call         USD         125.00         2/24/14         379         (2,653 ) 

Exxon Mobil Corp.

      Call         USD         97.50         2/24/14         297         (4,455 ) 

Exxon Mobil Corp.

      Call         USD         100.00         2/24/14         165         (1,402 ) 

First Quantum Minerals Ltd.

      Call         CAD         20.00         2/24/14         1,032         (56,986 ) 

Freeport-McMoRan Copper & Gold, Inc.

      Call         USD         37.00         2/24/14         933         (4,198 ) 

Freeport-McMoRan Copper & Gold, Inc.

      Call         USD         38.00         2/24/14         688         (2,408 ) 

Freeport-McMoRan Copper & Gold, Inc.

      Call         USD         39.00         2/24/14         455         (1,138 ) 

Ingredion, Inc.

      Call         USD         70.00         2/24/14         250         (7,500 ) 

Lundin Mining Corp.

      Call         CAD         5.00         2/24/14         3,700         (41,526 ) 

Monsanto Co.

      Call         USD         115.00         2/24/14         841         (13,036 ) 

Plum Creek Timber Co., Inc.

      Call         USD         47.00         2/24/14         119         (357 ) 

Plum Creek Timber Co., Inc.

      Call         USD         48.00         2/24/14         119         (357 ) 

Potash Corp. of Saskatchewan, Inc.

      Call         USD         33.00         2/24/14         291         (4,947 ) 

Rio Tinto PLC - ADR

      Call         USD         52.50         2/24/14         841         (161,892 ) 

Royal Dutch Shell PLC - ADR

      Call         USD         72.50         2/24/14         165         (2,062 ) 

Southwestern Energy Co.

      Call         USD         41.00         2/24/14         318         (29,415 ) 

Southwestern Energy Co.

      Call         USD         42.00         2/24/14         314         (17,741 ) 

Ultra Petroleum Corp.

      Call         USD         22.00         2/24/14         870         (189,225 ) 

Ultra Petroleum Corp.

      Call         USD         23.00         2/24/14         2,070         (300,146 ) 

The Mosaic Co.

      Call         USD         48.00         2/28/14         135         (5,130 ) 

BP PLC - ADR

      Call         USD         48.00         3/24/14         477         (25,758 ) 

Chevron Corp.

      Call         USD         118.25         3/24/14         201         (10,605 ) 

 

2         JANUARY 31, 2014     

Consolidated Schedule of Investments (continued)      BlackRock Resources & Commodities StrategyTrust (BCX)   

 

Ÿ  

Exchange-traded options written as of January 31, 2014 were as follows: (concluded)

 

Description    Put/
Call		     

Strike

Price

      Expiration
Date		      Contracts      Market
Value		  

ConocoPhillips

      Call         USD         67.50         3/24/14         1,359       $ (73,386 ) 

Deere & Co.

      Call         USD         90.00         3/24/14         222         (21,867 ) 

Enbridge, Inc.

      Call         CAD         47.00         3/24/14         617         (41,826 ) 

First Quantum Minerals Ltd.

      Call         CAD         21.00         3/24/14         1,182         (61,024 ) 

Goldcorp, Inc.

      Call         USD         27.00         3/24/14         260         (14,690 ) 

Imperial Oil Ltd.

      Call         CAD         47.00         3/24/14         347         (15,578 ) 

Labrador Iron Ore Royalty Corp.

      Call         CAD         34.00         3/24/14         400         (15,264 ) 

Lundin Mining Corp.

      Call         CAD         5.00         3/24/14         425         (8,586 ) 

Potash Corp. of Saskatchewan, Inc.

      Call         USD         34.00         3/24/14         766         (22,214 ) 

Total

                   $ (1,212,705 ) 
                 

 

 

  

 

Ÿ  

Over-the-counter options written as of January 31, 2014 were as follows:

 

Description    Counterparty    Put/
Call		     

Strike

Price

      Expiration
Date		      Contracts      Market
Value		  

Chevron Corp.

    Morgan Stanley & Co. International PLC      Call         USD         123.71         2/03/14         20,100       $ —   

Rio Tinto PLC - ADR

    Morgan Stanley & Co. International PLC      Call         USD         52.76         2/03/14         72,600         (49,095 ) 

CNH Industrial NV

    Citibank N.A.      Call         USD         10.77         2/04/14         139,000         (5,573 ) 

Eni SpA - ADR

    UBS AG      Call         USD         48.33         2/04/14         49,000         (562 ) 

Exxon Mobil Corp.

    Credit Suisse International      Call         USD         100.39         2/04/14         103,600         (1 ) 

Royal Dutch Shell PLC - ADR

    Citibank N.A.      Call         USD         68.05         2/04/14         58,000         (67,577 ) 

Enbridge, Inc.

    Morgan Stanley & Co. International PLC      Call         CAD         44.39         2/05/14         18,200         (38,834 ) 

Glencore Xstrata PLC

    Morgan Stanley & Co. International PLC      Call         GBP         3.12         2/05/14         418,500         (72,340 ) 

AGCO Corp.

    Citibank N.A.      Call         USD         61.28         2/06/14         35,700         (2 ) 

China Shenhua Energy Co. Ltd., Series H

    Morgan Stanley & Co. International PLC      Call         HKD         26.52         2/06/14         628,000         (1 ) 

Imperial Oil Ltd.

    Deutsche Bank AG      Call         CAD         46.51         2/07/14         34,200         (2,294 ) 

Nestle SA

    Deutsche Bank AG      Call         CHF         65.93         2/07/14         10,500         (6,390 ) 

Syngenta AG

    Goldman Sachs International      Call         CHF         348.66         2/07/14         21,200         (3,220 ) 

Mining and Metallurgical Co. Norilsk Nickel OJSC

    Goldman Sachs International      Call         USD         15.71         2/10/14         139,300         (6,170 ) 

Cairn Energy PLC

    Morgan Stanley & Co. International PLC      Call         GBP         2.70         2/11/14         116,500         (2 ) 

Glencore Xstrata PLC

    Credit Suisse International      Call         GBP         3.11         2/11/14         418,500         (88,043 ) 

Israel Chemicals Ltd.

    Deutsche Bank AG      Call         ILS         28.67         2/11/14         166,500         (24,942 ) 

Inpex Corp.

    Goldman Sachs International      Call         JPY         1,306.18         2/12/14         314,200         (7,540 ) 

CNH Industrial NV

    Morgan Stanley & Co. International PLC      Call         USD         11.50         2/13/14         58,000         (616 ) 

Cairn Energy PLC

    Morgan Stanley & Co. International PLC      Call         GBP         2.63         2/18/14         116,500         (2 ) 

Eni SpA - ADR

    Morgan Stanley & Co. International PLC      Call         USD         48.66         2/18/14         32,400         (7,401 ) 

Statoil ASA

    Deutsche Bank AG      Call         NOK         149.78         2/18/14         115,800         (35,326 ) 

Tyson Foods, Inc., Class A

    Citibank N.A.      Call         USD         33.90         2/18/14         31,500         (114,552 ) 

Southwestern Energy Co.

    Deutsche Bank AG      Call         USD         39.93         2/20/14         100,000         (144,001 ) 

Vedanta Resources PLC

    Morgan Stanley & Co. International PLC      Call         GBP         8.22         2/20/14         69,700         (18,090 ) 

Enbridge, Inc.

    Morgan Stanley & Co. International PLC      Call         CAD         44.39         2/25/14         18,200         (38,737 ) 

China Shenhua Energy Co. Ltd., Series H

    Bank of America N.A.      Call         HKD         22.66         2/26/14         425,000         (3,957 ) 

China Shenhua Energy Co. Ltd., Series H

    Citibank N.A.      Call         HKD         24.91         2/26/14         358,000         (469 ) 

Royal Dutch Shell PLC - ADR

    Citibank N.A.      Call         USD         68.05         2/26/14         58,000         (102,892 ) 

Cairn Energy PLC

    UBS AG      Call         GBP         2.75         2/27/14         116,500         (2 ) 

Fresnillo PLC

    Deutsche Bank AG      Call         GBP         7.69         2/27/14         52,500         (28,084 ) 

Vedanta Resources PLC

    Morgan Stanley & Co. International PLC      Call         GBP         8.90         2/27/14         22,000         (1,087 ) 

Cosan Ltd., Class A

    Morgan Stanley & Co. International PLC      Call         USD         13.53         2/28/14         119,800         (4,366 ) 

Deere & Co.

    Morgan Stanley & Co. International PLC      Call         USD         91.12         2/28/14         3,100         (1,315 ) 

 

          JANUARY 31, 2014    3

Consolidated Schedule of Investments (continued)      BlackRock Resources & Commodities StrategyTrust (BCX)   

 

Ÿ  

Over-the-counter options written as of January 31, 2014 were as follows: (concluded)

 

Description    Counterparty    Put/
Call		     

Strike

Price

      Expiration
Date		      Contracts      Market
Value		  

Total SA - ADR

    Morgan Stanley & Co. International PLC      Call         USD         59.50         2/28/14         12,600       $ (4,774 ) 

BP PLC - ADR

    Bank of America N.A.      Call         USD         47.54         3/03/14         63,100         (33,341 ) 

BP PLC - ADR

    Citibank N.A.      Call         USD         49.27         3/03/14         47,500         (5,943 ) 

Bunge Ltd.

    Citibank N.A.      Call         USD         81.98         3/04/14         52,300         (21,394 ) 

Royal Dutch Shell PLC - ADR

    Citibank N.A.      Call         USD         71.78         3/04/14         6,900         (2,087 ) 

Tyson Foods, Inc., Class A

    Citibank N.A.      Call         USD         33.90         3/04/14         31,500         (113,434 ) 

Labrador Iron Ore Royalty Corp.

    Deutsche Bank AG      Call         CAD         33.02         3/05/14         30,100         (17,508 ) 

Total SA - ADR

    Deutsche Bank AG      Call         USD         58.58         3/06/14         39,500         (26,838 ) 

Cairn Energy PLC

    Goldman Sachs International      Call         GBP         2.78         3/07/14         125,600         (10 ) 

Fresnillo PLC

    Credit Suisse International      Call         GBP         7.97         3/07/14         115,000         (43,897 ) 

Nestle SA

    Goldman Sachs International      Call         CHF         66.61         3/07/14         27,700         (28,033 ) 

Agrium, Inc.

    Credit Suisse International      Call         USD         88.44         3/11/14         25,800         (51,600 ) 

Vedanta Resources PLC

    Deutsche Bank AG      Call         GBP         9.73         3/11/14         26,200         (248 ) 

Exxon Mobil Corp.

    Credit Suisse International      Call         USD         99.49         3/14/14         29,500         (4,273 ) 

Cairn Energy PLC

    Morgan Stanley & Co. International PLC      Call         GBP         2.68         3/18/14         242,100         (193 ) 

Statoil ASA

    Deutsche Bank AG      Call         NOK         154.89         3/18/14         121,800         (24,691 ) 

Cairn Energy PLC

    Credit Suisse International      Call         GBP         2.16         3/25/14         233,000         (31,111 ) 

Ingredion, Inc.

    UBS AG      Call         USD         65.42         3/27/14         25,000         (30,187 ) 

Total

                      $ (1,313,045 ) 
                    

 

 

  

 

Ÿ  

Fair Value Measurements — Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes as follows:

 

  Ÿ  

Level 1 — unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Trust has the ability to access

 

  Ÿ  

Level 2 — other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

 

  Ÿ  

Level 3 — unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Trust’s own assumptions used in determining the fair value of investments and derivative financial instruments)

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy. In accordance with the Trust’s policy, transfers between different levels of the fair value disclosure hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investment and derivative financial instrument and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of investments and derivative financial instruments, please refer to the Trust’s most recent financial statements as contained in its annual report.

 

4         JANUARY 31, 2014     

Consolidated Schedule of Investments (concluded)      BlackRock Resources & Commodities StrategyTrust (BCX)   

 

The following tables summarize the Trust’s investments and derivative financial instruments categorized in the disclosure hierarchy as of January 31, 2014:

 

      Level 1   Level 2   Level 3    Total

Assets:

                  

Investments:

                  

Long-Term Investments:

                  

Common Stocks:

                  

Chemicals

      $ 53,209,044       $ 25,384,743         —        $ 78,593,787  

Food Products

        37,962,750         7,911,771         —          45,874,521  

Machinery

        17,933,144         —         —          17,933,144  

Metals & Mining

        105,583,092         29,089,047         —          134,672,139  

Oil, Gas & Consumable Fuels

        262,526,644         36,357,576         —          298,884,220  

Real Estate Investment Trusts (REITs)

        5,012,811         —         —          5,012,811  

Short-Term Securities

        25,765,634         —         —          25,765,634  

Total

      $ 507,993,119       $ 98,743,137         —        $ 606,736,256  
    

 

 

  
                 
      Level 1   Level 2   Level 3    Total

Derivative Financial Instruments1

                  

Liabilities:

                  

Equity contracts

        (1,200,605 )     $ (1,325,145 )       —        $ (2,525,750 )

1    Derivative financial instruments are options written, which are shown at value.

       

The carrying amount for certain of the Trust’s assets approximates fair value for financial reporting purposes. As of January 31, 2014, such assets are categorized within the disclosure hierarchy as follows:    
                 
      Level 1   Level 2   Level 3    Total

Assets:

                  

Cash

      $ 86,372         —         —        $ 86,372  

Foreign currency at value

        59,451         —         —          59,451  

Total

      $ 145,823         —         —        $ 145,823  
    

 

 

  

There were no transfers between Levels during the period ended January 31, 2014.

 

          JANUARY 31, 2014    5

Item 2 –   Controls and Procedures
2(a) –   The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.
2(b) –   There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.
Item 3 –   Exhibits
  Certifications – Attached hereto
 

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

BlackRock Resources & Commodities Strategy Trust
By:         /s/ John M. Perlowski
  John M. Perlowski
  Chief Executive Officer (principal executive officer) of
  BlackRock Resources & Commodities Strategy Trust
Date: March 25, 2014

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:         /s/ John M. Perlowski
  John M. Perlowski
  Chief Executive Officer (principal executive officer) of
  BlackRock Resources & Commodities Strategy Trust
Date: March 25, 2014

 

By:         /s/ Neal J. Andrews
  Neal J. Andrews
  Chief Financial Officer (principal financial officer) of
  BlackRock Resources & Commodities Strategy Trust
Date : March 25, 2014