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

Tuesday

11/2/2021

 
Tuesday wheat sets a new high over $8 but rolls over to 791 1/2 on the close, off 5 3/4.  Corn off 6 cents, 573.  Wheat has a global story, but funds don't seem to be willing to put on the show with the Chicago contract, and normally are quite comfortable being short it.  Funds are long a bunch of corn and the combines are back in the fields after a week or more of rain delays.  Oats still a 750 product, but hard to find a greater fool it appears.   Rice off 19 1/2 to 1328 as the seller finally got the long side into stops.  Big 3 way player is back though, and once the bin doors close and duck start flying, supply isn't so easy to get,  so it seems a poor time to be selling to me.  Beans up 7 3/4 to 1256 1/4 with strong meal, although I'd say most of the heavy lifting from 310 meal is behind us.  Dow up 138 to new highs, 35,938, and bonds pick up 13 tics, 160.25.

Comments are closed.

    Archives

    February 2023
    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.