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
  • 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

8/24/2023

 
Exports give us nothing Thursday morning But we have still another day of heat and dry forecasts for pod filling to help the beans.  Meal bid strong and soy gains 11 1/4 on the day, If you are late to the dance, here is another chance to get some production sold.  1371 3/4.  Rice 1560 options are getting milked for all they are worth as we pop 27 1/2 cents, 1571 1/2.  In rice defense, the bigger world picture is quite friendly, we just have this pesky harvest to get thru.  Crop tour still showing decent corn yields and we fade 2 1/4 to 488 1/4.  Wheat gives back 8 1/2 cents, 604 close.  Dow was 200 higher and looking like something was going to come out of Jackson Hole, but rolled over to 34,140, off 382 points, while the bonds slip 12 and back below 120s to 119.27. 

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