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

4/2/2020

 
Dow recovers half of Wednesdays drop to close 21,273, plus 533.  Bonds up 13 tics to 181.17.  Rice bull back, 1424 1/2, up 19, and the spread roll continues with a firm bid.  Cash is just thin to non existent in first hands, and the commercials will continue to bid as long as consumers buy retail.  Best margins the mills have seen in years I would guess.  My problem is the retail hoarding has to be done sometime soon, and the restaurant business is drying up.   Beans off 4 to 858 3/4 as meal drops nearly $6 more to below 310.  From here on its up to the funds, but meal has a lot of air to the upside if someone decides to push.   Wheat down 8 1/2 for a 541 3/4 settle and corn leaks 1 1/4 to 333 1/2.  These are stupid low prices for a crop that hasn't even been planted, all while the SA crop seems to be getting smaller, but over any given cycle the funds can do whatever they want and lack of ethanol demand isn't helping matters. 

Comments are closed.

    Archives

    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.