Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • Home
  • Commentary
  • About
    • Bio
  • Contact
  • Links
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  • 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

2/12/2021

 
Friday a bit of curious trade as corn drops 2 1/4 to 538 3/4 after trading 546.  Can't really see too much to justify the trade other than weekend weather vs digesting the governments ideas of CO vs the general populaces.    Rice off 8 cents, 1281 and mostly just churn trade to get the roll done.  Beans a dime off the low, 1372, plus 4 1/2, and that's with weak meal all day long.  Wheat picks up 3 1/4 to 636 3/4 with new shorts buying their way out and a 10K drop in OI.  Dow has a small 200 point range, mostly lower, but like clockwork rallies late to 38 higher, 31,397.  Bonds off a point and 3 tics in its continual lower march, 166.05.  Big boats take a long time to turn, and this boat keeps on turning.

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