Cash Hard Red Spring Wheat Index ($CRSI)

The title probably gives away what I thought of the February round of USDA's Supply and Demand reports.

Continuing with my view of commodities as long-term investment opportunities, and the lesson learned to "Own what you know", let's take a look at long-term investments in Grains at the end of January.

Thursday morning again saw global markets having to adjust to realigned alliances and general destabilization.

If US corn is considered a natural/national resource, does it open the door for the cash price to fall below the government loan price? Enquiring minds want to know.

While I wanted to talk about something else, anything else, to start the week, the latest market news was not expected, nor was it surprising.

Setting aside the coming data dumps and sparkly diversions, market macros across sectors should continue to be main topic.

Overnight through early Tuesday morning saw more discussion of increased geopolitical drama with Gold and Silver reacting accordingly.

Much of the ag industry will be wailing, gnashing teeth, and rending clothes since today's scheduled WASDE reports won't be released. The rest of us will simply continue to pay attention to markets.

As July came to an end, cumulative export sales and shipments of US grains (corn, soybeans, and wheat) created an interesting picture.

The unwritten rule in ag commentary is that everything is always bullish, regardless of reality. This discussion came up again following my latest analysis of weekly export sales and shipments numbers....