Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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    • CASE 1845 C
    • Cost Of Carry
    • Options
    • A possible momentum trading program
    • data

today's thoughts
General notes to start daily individual updates

Friday

2/3/2023

 
Friday trade pretty quiet as corn gets a small bounce, 677 1/4 a 2 1/4 cent hike that sadly was the feature of the day.  Wheat slips 4 1/4 to 756 3/4 and beans close off 2 1/4 cents, 1532.  That close was with meal getting a Friday push up another 5 bucks to prices I just cant see sustained.  Rice off 4 to 1774 as the computer is butting heads with the commercial.  No crazy size.  Bonds broke a point and 23 tics but it was from the top of the range, so I wonder where all these TV talkers preaching a new doom and gloom start from.  Still 130.02 and I would argue at least 5 full points too high.  Dow off 135 on a Friday and that is doing something, showing that the money boys probably have moved most of the bullish players into position to fleece again.  33,962. 

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