Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • Home
  • Commentary
  • About
    • Bio
  • Contact
  • Links
  • Services
  • FAQ
  • Individual advisory service
  • Archives
  • Education
    • CASE 1845 C
    • Cost Of Carry
    • Options
    • A possible momentum trading program
    • data

today's thoughts
General notes to start daily individual updates

Friday

6/3/2022

 
Friday was a liquidation or clean the books day headed into the weekend with talk that things were going to be rosy in the Ukraine.  Truthfully, market is just looking for new news.  Bulls need fed regularly and computers love to push down as much as up. With these prices, grain buyers have gone hand to mouth and smaller quantities.  Beans gave back most of Thursday's rally to 1697 3/4, off 31 1/2.  Meal down to 408.  Wheat off 18 1/4 to 1040 and corn fades to close 727, off 3 1/4.  Oats got a 37 cent pop up to 690, but that was July only and doubtful it will stick.   Dow was a bit of a dog as no one wanted to add to Thursday's rally there, 32,888, off 335 points, and bonds slipped 18 tics, 139.06.

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