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

7/26/2022

 
Tuesday trade more powerful to the upside with declining crop ratings and a ridge that appears to be getting stronger.  Several places got rain, but several that were forecast got missed.  Beans light it up for 59 3/4 cents on the back of strong meal and short covering going into Aug deliveries, 1532 3/4.  Wheat pops 33 3/4 to 803 3/4.  Nice pop, but we are still talking about only $8 wheat in the face of the Russia/Ukraine conflict with no end in sight.  A bit worrisome in the big picture to me.  Corn gains 17 to 597, and rice bounces another 16 1/2 to 1709 1/2.  Dow spent a quiet day softer, 31,732, off 235 and making all the trade since last Tuesdays close worthless.  Bonds up another 23 tics, 142.04, and briefly over 143.  That's just crazy talk in this world events cycle.   We better get some kind of relief out of the Fed minutes today.

Comments are closed.

    Archives

    March 2023
    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.