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

10/15/2021

 
Friday was a bounce day across most of the floor.  Dow lit up for 387 points, 35,171, while bonds leaked 23 tics, 159.12.  Beans up 11 1 /2 to 1217 3/4 with solid meal and oil lending support.  Corn up 9 cents, 525 3/4 and we are pretty cheap globally for corn right now, but logistics can get in the way of much more new sales.  Wheat up 9 1/4 on the day, 734.  We are becoming more globally competitive every day, but every day gets us closer to someone else's harvest.  Rice off 1 1/2 in a spread roll day, 1385 1/2.

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