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

Tuesday

10/6/2020

 
Even though china is on vacation, there are more purchases going on Tuesday.  Corn up 5 1/2 to 285 and beans rip for 22 1/2 to 1044.  Wheat up another 8 1/2 to 592 3/4.  Rice is off 7 cents, 1262 1/2.  Commercial still keeping rice down and the funds are off playing in the bigger sandbox, so rice is an orphan.  Dow was solid, but then Trump said there would be no more stimulus until the election, and Dow dropped 295 lower, 27,700.  Bonds were weak and rallied to 15 higher, 174.22.

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