Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
  • Home
  • Commentary
  • About
    • Bio
  • Contact
  • Links
  • Services
  • FAQ
  • Individual advisory service
  • Archives
  • Education
    • CASE 1845 C
    • Cost Of Carry
    • Options
    • A possible momentum trading program
    • data
  • Home
  • Commentary
  • About
    • Bio
  • Contact
  • Links
  • Services
  • 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

Thursday

4/8/2021

 
Thursday export sales soft across the board, although I continue to be satisfied with ship rates, solid again in corn and meal.  More talk of dryness in SA and now the first excuses of weather here in America, and the corn lit up for 19 1/4 cents, 579 3/4.   WASDE Friday at 11 and as people run their calculators, and country cash bids firm, its hard to get bearish corn, even at these prices.  I also think most players thought there would be more fund liquidation in the May position roll.   Wheat up 12 1/2 as well, 628 3/4.  Soy Oil got a bit of a bid and beans gained 6 1/2 to 1415 1/4.  Meal had roll and liquidation, keeping the front soft for one more day.  Not much time left to blame meal softness on the funds.  Expect the plant shut down for repair stories to crop up by the end of next week unless oil blows up again.   Rice off 6 in another quiet day, 1311.  Talk of an Iraq tender for prompt ship and a solid medium grain Titan bid helping with the current floor.   Tomorrows rice number should be "interesting".   Dow in another quiet computer churn day, 33,390, up 62 points.  Bonds up 13 tics, 156.25. 

Comments are closed.

    Archives

    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020

    RSS Feed

Services

Company

About


Support

Contact
FAQ
Terms of Use
© COPYRIGHT 2015. ALL RIGHTS RESERVED.