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

9/24/2021

 
Friday trade up a little more in wheat, 723 3/4. plus 6, but corn just couldn't keep it bid knowing we have a solid harvest weekend, 526 3/4, off 2 1/2.  Beans managed to stay barely above unchanged, 1285, up 3/4 on the back of oil.  Rice funds showed up to make sure the weekly looked good, 1390, plus 7.  Big question for rice is do the funds get long 7000 like the last time they made a stand, or are they going to notice they are buying out the commercial long.  Seems pretty early for them to make a run at it, but who knows.  Dow chopped Friday but held for a 30 point gain to close 34,674, and bonds dropped another point and 6 tics, 160.31.  Bonds will be worth watching next week. 

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