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

today's thoughts

Friday

8/14/2020

 
Friday was a catch your breath trade, with corn off 3/4 cent, 324 1/2, and beans gaining 3/4 to 897.  August beans over $9.  The bean program is real and continuing.  Corn weather losses are up in the air, and it is reasonable to expect a solid hit to crop conditions.  No reason to sell in front of at least that.  Rice seller noticeably absent again and the market up 13 1/2 to 1189.  Wheat back to $5, plus 3 1/4.  Dow off 31 in a churn trade and bonds up a tic, 177.27.  

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