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

today's thoughts

Wednesday drop

3/11/2020

 
Leading Tuesday with the Dow again, off 1274 to 23,575.  Bonds up 30 points, 180,17.  Rice short comes out more, up 13 cents, 1298.  Corn off 3 to 374 1/2.  Beans off 3 as well, 873 1/4.  Wheat drops 9 1/2 to 512 3/4.  Fear has surpassed reason for now.  I will say in the big picture if the shelves are picked over, there is massive food demand.  At the end of the day I expect Americans to buy a bunch of stuff they will never eat, but it is demand.  CBOT floor is now fully closed.

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