Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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    • CASE 1845 C
    • Cost Of Carry
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    • A possible momentum trading program
    • data

today's thoughts
General notes to start daily individual updates

Tuesday

7/27/2021

 
Tuesday grain markets wanted to be firm, they really did, but just couldn't find a sponsor with a backbone.  Wheat, with the best story faded 15 from its highs to 674 1/2, down 2 1/2 on the day.  Corn looked over 560 but dropped to 546 1/4 at the end, off 1/2 cent.  Beans stayed 1 3/4 positive with a bit of meal help, bur still nearly 30 off the high trade, 1359 1/2.  Dow back and fill, 34,953, off 81, while bonds gain 28 tics to 165 even.  Fed will have some chatter Wednesday, but I'm not looking for anything.  Day 2 of the wheat tour on tap.

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