Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
  • Home
  • Commentary
  • About
    • Bio
  • Contact
  • Links
  • Services
  • FAQ
  • Individual advisory service
  • Archives
  • Education
    • CASE 1845 C
    • Cost Of Carry
    • Options
    • A possible momentum trading program
    • data
  • Home
  • Commentary
  • About
    • Bio
  • Contact
  • Links
  • Services
  • 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

3/24/2020

 
Dow rips up 2111 points to 20,608 and bonds only slip 26 tics, 178.27.  President Trump has put a tentative target of Easter to start opening up the country.  There is a lot of discourse that this is too soon, but just like in Ag , these issues are regional.  I get keeping the hot spots contained, like New York, but were there is no real difficulties, why would you shut down the entire economy.  You manage your beans, from planting thru harvest differently in Wisconsin than in Arkansas, because local conditions warrant.  Speaking of beans, up another 2 3/4 cents, 886 3/4.  Corn up 3 3/4 to 347 1/4 with more china sales being discussed and lack of farmer selling. Short is covering and OI is not going up yet.   Wheat pushed lower early but rallies to a penny lower, 561 1/2.  Rice up 4 1/2 to 1328.  Looks like more of the longs are willing to liquidate than roll on this cycle, and that is just now starting.   Word of caution. 

Comments are closed.

    Archives

    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020

    RSS Feed

Services

Company

About


Support

Contact
FAQ
Terms of Use
© COPYRIGHT 2015. ALL RIGHTS RESERVED.