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

Tuesday

12/21/2021

 
Strong Dow Tuesday as risk on was the catch phrase everywhere.  35,381, plus 568 points at the end of the day, and bonds drop a point and 6 tics to 160.25.   Wheat got all the sellers out of the way Monday morning, and Tuesday is good for a 21 1/4 gain, 799.  Corn in tow and up 7 1/4 cents, 598 1/4.  Beans follow another day of strong meal for 15 3/4 cents, 1308.  Rice bear seems to be out of bullets to push lower, 1365 1/2, off 1/2, with the roll getting tighter and more vs cash.  I'm hurting to see what would push rice much lower.

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