Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • Commentary
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    • Cost Of Carry
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    • A possible momentum trading program
    • data

today's thoughts
General notes to start daily individual updates

Friday

12/23/2022

 
Last day of trade before Christmas has cold weather and fresh sales for holiday fuel.  Wheat gains 13 3/4 to 776 as we kill the crop for the first time this year, probably not the last, because in under a week we should see 40's again.  Mexico bought 150 corn on in a flash sale, corn gains to 666 1/4, plus 5 3/4, and china bought another cargo of beans, probably nearing the last of this crop year  Jan options D Day for beans and rice.  Soy made it to 1479, up 11 1/4.  Jan 1480 calls died worthless.  1801 1/2 Jan rice good for a 6 cent gain.  900 Jan puts erased for ever and for free.  $18 strike no big deal for rice.   Dow churned down a couple hundred but closed up 167 points, 33,375, while bonds give up a point and 9 tics, 127.05.  Have a Merry Christmas and a blessed New Year.

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