Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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    • CASE 1845 C
    • Cost Of Carry
    • Options
    • A possible momentum trading program
    • data

today's thoughts
General notes to start daily individual updates

Wednesday

8/3/2022

 
Wednesday trade just a feeling out of where the systems can push all around the street.  Wheat looked at the 750 support and bounced back to 763 3/4, still off 11.  Corn checked out lower and came all the way back to 591 1/2, plus 1/4.  Meal took a break from the leading role and beans off a dozen, 1403 3/4.  Rice buyer came to the dance, 1706, plus 28 1/2 and a bit less selling than I would have expected.  Story out of India with up to 13% less rice acres.  Dow recovered all of Tuesday break, 32,770, up 405, and bonds probed lower but again recovered most all the move, 142,27, off 4 tics. 

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