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

Wednesday

6/9/2021

 
Wednesday trade had corn recover 10 3/4 cents to 690 3/4, with pretty much all the gain in July, as the July Dec spread roll was good for a dime gain on the day.  Wheat slipped 2 3/4 to 682 1/4.  No strength in the products and beans dipped 17 1/2 to 1562 1/2.  With a weeks worth of noise, we are right back to last Tuesdays close.   July open interest dropped 10% on the day.  That's how big the fund roll is.  And July gained on new crop throughout most of the day.   Rice off another 5 1/2 to 1308 1/2.  I think as the bins get cleaned out the hedges get lifted and that's one more contract the commercial doesn't need in futures.  Rice needs some Latin American business.  Dow off 149 in a nothing trade, 34,437, and Sept bonds gain another 25 tics to 158.25.  I am surprised at the bond market strength.   

Comments are closed.

    Archives

    March 2023
    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.