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

8/30/2022

 
First notice day Tuesday had some adjustments to the spreads as we finalize positions for delivery in the grain room.  Sept beans off 21 3/4 more to close 1513 with a 1480 low, flushing a buck and a quarter down the drain on the suckers that kept their calls on Fridays close, while Nov beans were off only a nickel, taking some of what was an excessive premium out of the front.  Something to put in your memory for the future.  Same basic story for the meal.  Wheat drops 21 3/4 to 798 1/4 as the ships keep moving in the Russia/Ukraine corridor.  Corn down only 4 to 679 3/4 and several players looking at a lower corn expectation for the Sept WASDE and declining crop conditions.  I'm not as negative in my travels, but I have no real time in Iowa.  Rice picks up 15 cents, 1743 and cash buyers all appear to have accepted that to source anything they have to pay $8 or more.  Dow off another 300 to 31,775 in a continued painful slide lower, with bonds up 7 tics, 136.25.  

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.