Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • Home
  • Commentary
  • About
    • Bio
  • Contact
  • Links
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  • Individual advisory service
  • Archives
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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

Monday

11/14/2022

 
Monday trade pretty much a punt.  Dow did give back 202 points of last week rally late, still 33,561, while bonds slip 5 tics, 123.21.  Grain room pretty dead with nothing exciting coming out of G20 other than the expectation that Russia will keep the corridor open.  I wonder if the recent Russian pullback is so Ukraine has to take care of that population for the winter instead of Russia.  Good way to swing the local sentiment when winter winds blow and supplies are low.  Wheat did get a 4 3/4 bounce, 818 1/2, but we are at 8 bucks.  Corn off 3/4 to 657 1/4.  Beans off 9 1/2 to 1440 1/2.  Got some final soy deliveries to put pressure on the tail of the spread.  Rice down 2 cents, 1795 1/2.   November futures are done.

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