Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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today's thoughts
General notes to start daily individual updates

Tuesday

10/15/2024

 
Follow thru selling and a weaker Dow push grains lower early Tuesday as they try to set a base.  991 beans were off a nickel but a dime off the lows.  Corn down 7 cents, 401 1/4 and wheat slips 5 3/4 to 579 1/2.  Rice down 6 1/2 as well, 1504.  By next week at this time a whole bunch of the Ag crop will be out of the fields and what is left will determine if there is room for the funds to force any excess to puke.  Keep in mind as we head north that some of those areas aren't going to have home run yields and that's when I think we might get some subpar field reports.  Dow off 348 points, 43,015 after an early look up found no company and bonds bounced a point and 9 tics, 121.02.  Bonds were past due for a bounce.  Dow is just having bigger churn range. 

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