Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • Home
  • Commentary
  • About
    • Bio
  • Contact
  • Links
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  • 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

3/9/2021

 
WASDE report was a total punt down the road, but softer markets regained footing for the close.  Corn off 1 1/4 to 545 3/4 but a solid effort by the bulls to get back to there.  Meal made it back above even and oil seems to never get enough buyers, dragging beans higher by 6 1/4 to close 1440.  Wheat popped a dime in its continued churn up and down around the 50 day moving average, 656 1/2.  Rice off 6 is nothing trade, 1319.  Dow looked  up a new high in a muted range day before setting back to 31,811, up 35.  June bonds want to find a base and got a bounce, up a point and a tic to 157.25.

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