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

Thursday

7/16/2020

 
Thursday trade show china is playing, and playing in places they haven't for a while, like solid numbers of corn and wheat.  Funds have discovered they can use the GFS weather reports daily to churn the markets, so get use to it and expect it.  Corn up 4 with China buying the main story to me, 330 1/4.  Beans gain 7 1/2 to 888 1/4 and again China stories and real demand the reason.  River basis is solid and climbing.  Wheat drops 15 1/2 to 535 1/4 as the weak leg and a weak contract.  A couple hundred Sept rice puts traded quietly as the purposely designed lack of transparency allows someone to get a million bushels of crop covered invisibly.  Rice futures break 20 to 1179.  Yo-Yo financials and bonds get back a half a point, 16 tics, 180.07 and Dow drops 212 points to 26,553.

Comments are closed.

    Archives

    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.