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

1/19/2021

 
Ugly Tuesday trade in beans, 1385 3/4, off 31 cents and meal pounded for $12 as well.  Corn off 5 1/2 to 526.  Wheat held the best, surprisingly, 672 1/4, minus 3 1/4.  Decent rains in SA and a growing need to have a setback made Tuesdays break relatively straight forward, and necessary for a healthy market.  Wheat story is really out of the EU and Russia.  Rice up 8 to 1319 1/2 with no real story but farmers wanting $6 to sell for now.  Financials pretty quiet before the inauguration, with the bonds picking up 5 tics, 168.31, and the Dow up 108 points, 30,828.

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