Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • 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

Tuesday

9/8/2020

 
Weekend weather brought rain and cold, and Tuesday trade had a bid with more exports booked.  Corn up 3 3/4 to 361 3/4.  It will be interesting to see if the money boys are willing to keep corn above 360.  Beans up a nickel, 973.  Pretty solid pricing for this time of year.  Wheat slips another 6 to 544 1/4.  Rice buyer still in place, 1245 1/2, plus 5 1/2 and early results not what we are hoping for.  All across Ag, nothing is terrible, but nothing is beautiful either.  Most variable crop production I can recall.   Dow off 549 as we watch an overheated market reset, 27,525.  Bonds recover 29 tics, 176.09.

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