Mike Panzner takes a look at the Commodity Research Bureau Index for 2007.
This year (2007), its is up 16.6%.
Given all the headlines about near-$100 oil, people might naturally assume the best-performer among the six sub-groups is energy.
That would be wrong.
In fact, the grains are the king of commodities during 2007. That sub-group, which includes wheat, corn, and soybean futures, has outpaced the CRB index by 34.61%, around twice that of the energy complex.
Performance of CRB Sub-Groups Relative to CRB Index (2007)
CRB % Thru
Precious Metals 6.33