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

Wednesday

10/13/2021

 
Wheat was the dog for Wednesday, 718 3/4, off 15 1/4, and I don't have a firm reason why.  Money flow, yes, but Not sure why.  Corn in the same downward dance, 512 1/4, minus 10 1/4.  Beans looked lower but recovered to 1195 1/4, off only 3.  The bean oil bio-fuels story still has another chapter to it, and that should be supportive on breaks.  Rice popped a dime but stuck in a range, 1380 1/2.  Dow off 3 points after a big bounce from early in the day lows, 34,257, and bonds gain a point and 3 tics, 159.21.  Seems like every time we test a low or high, the money shifts just in time.  Funny that way, isn't it, almost like its being steered.  Exports delayed until Friday.

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