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

12/27/2022

 
Post Christmas trade came out of the box firm Tuesday morning with good export inspections and dry Argy weather but markets mostly couldn't hold.  Beans were up 35 and closed 1482 1/4, up only 3 1/4.  Meal went from firmly higher to lower on the day.  Rice seller decided enough upside without some pain and rolled us over, 1793 1/2, off 8.  Someone is mixing up the systems.  Wheat a dime off the highs, 774 1/2, minus 1 1/2.  Corn the one bright spot as we rumor both China and Japan as well as the usual Mexico business.  674 3/4, plus 8 1/2.   Standard Dow churn, 33,416, plus 41 points while bonds drop from near the top of the Keltner band to the bottom and trending down, 125.10.  Off a point and 27 tics. 

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