Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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today's thoughts
General notes to start daily individual updates

Friday

10/13/2023

 
Friday the 13th and the day after WASDE hangover.  Beans give back 9 3/4 to 1280 1/4 and corn is off 2 3/4 to 493 1/4.  Surprised at how much fund covering commitments had of the corn short with 47K of futures bought back in a net flat week.  Beans hovering around net flat.  Wheat got a 8 1/4 cent bounce on short covering, 579 3/4.  Rice up 2 1/2 cents, 1595.  Dow looked north of 34,000 early but faded to 33,827, still up 31 points.  Bonds bounced back from Thursday break, 112.25, plus a point and 10 tics.

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