Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • Home
  • Commentary
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  • Contact
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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

Thursday

4/7/2022

 
Nothing exciting day after nothing exciting Thursday export sales report.  WASDE tomorrow and world production numbers after might hold a small surprise.  Corn looked lower but settled 1 1/4 higher, 757 3/4.  Beans rallied 26 cents, 1645 1/2.  Oil had some strength, but beans did most of the lifting independently.  Rice drifted 9 lower with no one wanting to push too much either way and the computer reading the bids and offers more than trade.  1581 1/2.  Wheat down 18 1/4 to 1020 and just flopping around.  In one breath the global situation is friendly, but we need more export business and there are way too may receipts to get excited.  Dow rallied nearly 400 from the lows to close 34.490, plus 91 points, and bonds drop a point and 6 tics, 144.08. 

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