Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • Commentary
  • About
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  • Contact
  • Links
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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

grain room

1/7/2020

 
Nothing day given that we are kissing the edges of war.   People are more worried about the USDA report on Friday.  If the Iranians are smart they will keep their attacks off our soil, but technically, isn't an embassy our soil anyway?  After all, we didn't drop anything in Iran.   Corn off a quarter cent, 384 1/2.  Wheat up 1/4 to 550 1/4.  Beans slip 3/4 to 944.  Rice has a flash crash 20 lower as it appeared one fund transferred its position to another, but closed up 1/2 cent, 1306.  Cash market quiet everywhere as the commercial awaits the annual first of the year farmer selling.  Dow off 116 to 28,526 and bonds drop another 14 tics, 157.13.

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