Tue, 10 Mar 2026 23:41:38 -0500WeeblyMon, 09 Mar 2026 05:00:00 GMThttps://www.malcomaggroup.com/commentary/monday6267018Crazy trade Monday with a weekend spike in crude trading as high as $120, dragging everything with it, but no follow thru was a letdown in the grains.  Early spike died on the vine and in soy, after a 1233 high we drifted off to 1196 1/4, minus 4 1/2.  Sometimes stop close only is a better way to limit losses.  A single comment about the war being over soon from Trump was a deflater.  Wheat down 13 1/2 to 603 1/4 and corn off 6 3/4 as well, 453 3/4.  Rice short still looking for the door, 1133, plus 11 cents.  Dow traded down to 46,333 but a strong rally brought us all the way back and more, 47,769, plus 252 points, while bonds look lower but fully recover as well, 116.08.]]>Fri, 06 Mar 2026 06:00:00 GMThttps://www.malcomaggroup.com/commentary/firday3519096Friday trade on fire in the grain room with wheat taking out 6 bucks and beans topping $12.  Wheat ultimately closed 33 higher, 616 3/4 and beans gained 21 1/2 to close 1200 3/4.  Corn up 7 cents, 460 1/2 and rice gains 10 1/2 to 1122.  Markets today don't mirror what I see in the future.  Globe is much tighter stocks to use corn than beans with a record new crop soy coming out of the field in Brazil as we speak, and this military action is affecting cost of production most for corn and rice, yet they are the laggards.  Dow off 466 points in a 1100 point mostly lower range, 47,517.  Bonds stalled out, 116.06, minus 1 tic. ]]>Thu, 05 Mar 2026 06:00:00 GMThttps://www.malcomaggroup.com/commentary/thursday5101510Decent corn exports Thursday, but nothing else.  Corn up 9 3/4 to 453 1/2.  Wheat gains 15 1/2 to 583 3/4 and beans up 9 3/4 as well, 1179 1/4.  Rice pops 34 1/2 cents, 1111 1/2 for a great grains' day.  Dow hit for 813 points, 47,983 and bonds off another 27 tics, 116.07 on ear that there will be no more rate cuts this year.  Financials need to find some footing down here.]]>Wed, 04 Mar 2026 06:00:00 GMThttps://www.malcomaggroup.com/commentary/wednesday5721506Humpday trade just brutally inconclusive and dull.  Grains are tired and need new news soon.  Corn slipped 2 3/4 to 443 3/4 and wheat off another 5 3/4 to 568 1/4.  Beans held best, only giving up a penny, 1169 1/2.  Rice down 16 as one of the smaller sell programs probed but didn't want to spend the money lower, 1077.  Dow recovery continues after the sell programs got no company early, 48,796, plus 236 points, while bonds are stalled, 117.02, minus 7 tics. ]]>Tue, 03 Mar 2026 06:00:00 GMThttps://www.malcomaggroup.com/commentary/tuesday7619687Tuesday trade just tired to me with the longs attempting to defend in the grain room.  Wheat off 3 1/4 to 574 with no one wanting to play.  Corn manages to hold the line, 446 1/2, up 3/4 cent and beans gain 6 1/2 cents, 1170 1/2.  Soy needs a new sponsor and needs it soon.  Dow weak all day and even after a heroic bounce from 47,700 we still loose 385 points on the day, 48,560.  On the break, a bunch of the years stock gainers are the losers now.  Keep that in mind in the soy trade if the trend rolls over.  June bonds slip 5 tics, 117.09.]]>Mon, 02 Mar 2026 06:00:00 GMThttps://www.malcomaggroup.com/commentary/monday8592204Dow ugly early and bonds weaker put a soft tone to money in general on Monday.  Dow recovered 800 points from the lows, still off 55 points, 48,945 while bonds put a new high early and failed, 117.14, minus a point and a tic.  Not what you want to see in long term debt.  Wheat off 14 1/4 cents in the May futures contract, 577 1/4.  May corn slips 2 3/4 to 445 3/4 and beans off 6 3/4 to 1164.  Rice the only strength, 1097 1/2, plus 23 cents.  ]]>Fri, 27 Feb 2026 06:00:00 GMThttps://www.malcomaggroup.com/commentary/friday1523865Friday strength across the grain room as Funds buy everything ag for a potential inflation play, or maybe just money re allocation.  Corn up 5 1/2 cents, 438 3/4 and wheat pops 19 1/2 to 591 1/4.  Beans gain 9 1/2 to 1157 1/4.  Rice short fund looks around and sees he is the last seller at the dance.  We get a 45-cent bounce on only 109 covers, 1039 1/2.  Dow off all day on the new military strikes, 49,000, minus 531 points while bonds get another 19 tics to the positive, 118.28.  Will be switching to May futures in ag moving forward and June in the bonds.]]>Thu, 26 Feb 2026 06:00:00 GMThttps://www.malcomaggroup.com/commentary/thursday9328949First intentions for March deliveries Thursday kept things quiet, and exports brought no new surprises.  Corn gained 2 3/4 to 433 1/4 and wheat was up 6 cents, 571 3/4.  Beans looked higher, lower, but closed a big nothing, 1147 3/4, off 1/2.  Rice gained 4 cents, 994 1/2 with yet another day of fund selling with no fund reward.  Dow in standard churn trade, 49,531, off 3 points and bonds gain 12 tics, 118.09.]]>Wed, 25 Feb 2026 06:00:00 GMThttps://www.malcomaggroup.com/commentary/wednesday2142663Humpday trade mostly firmer as the Dow continues its recovery, 49,534, plus 298 points and bonds only slip 4 tics, 117.29.  Money still out there.  Corn picks up 2 3/4 to 430 1/2 and beans gain 8 3/4 to 1148 1/4.  Wheat can't keep it upward push but is staying mostly stable, 565 3/4, up 1 3/4.  Rice bear funds fired at least 500 more sells into the market, and we shook it off, 990 1/2, up 4 1/2.  3 days of pretty big selling for no real gain.  First intentions on Thursday close, so make sure you have moved any March positions.]]>Tue, 24 Feb 2026 06:00:00 GMThttps://www.malcomaggroup.com/commentary/tuesday8444011Tuesday recovery in the Dow, 49,236, plus 387 points and bonds just sat stalled, 118.01, up a tic.  Took the financial risk off the table.  Corn tried to look higher is a quiet day but only managed a 1/4 cent close better, 427 3/4.  Same but worse with wheat, 567 1/2, minus 2.  Beans funds continue their buying push, 1139 1/2, up 5 1/4.  They are long a ton of beans and oil, so pretty soon they will need a government announcement, or they will be out of bullets.  Rice bear continues the hits, 986, minus 12 1/2.  Funds have sold a lot of rice in the last 3 trading days and even though it hurts, they really have added a bunch of shorts without a big credit.  Will be interesting to see what happens after first notice, and I would caution that the ramp up this time has a real possibility to be much sharper than the last one.]]>