Cash Hard Red Wheat Index ($CRWI)

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.

There was something missing from overnight markets, though the trends we've seen of late remained the same.

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.

The various aspects of global trade dominated early morning market discussion Thursday, while the Grains sector stayed asleep.

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

It was another busy night in the Metals sector, driven by more of the same comments and activities on the global stage.