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
General notes to start daily individual updates

Wednesday

10/7/2020

 
Wheat leading the way Wednesday with issues of production all around the world adding fuel, 607 1/2, plus 14 3/4.  Beans up 7 to 1051, and corn gains 3 3/4 for a 388 3/4 close.  Nov beans gained 12 cents on July beans as the spread is trying to pull product forward to fill the supply chain and the river.  China is still buying.  Meal up $6, and bean OI only gained 2k.  Rice gains 3 1/2 to 1266 and cash trades are out there at overs to the board in a JFM ship.  Dow regained all yesterdays drop and more with a 28,179 close, plus 479.  Bonds off a point and a tic, 173.21. 

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