Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • 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

5/5/2021

 
Wednesday had wheat leading the way, 744 1/2, plus 17 3/4.  I bring up wheat first today to remind you that the funds on any given day will push whichever grain they can as far as they can.  To me, wheat has the least of the bulls story, but at times also the thinnest opposition.  Corn up 11 3/4 to 708 1/2.  Oil is finding a high plateau so meal will need to start carrying some of the beans water pretty soon.  Beans up 4 cents, 1542 1/4.  Rice funds came hard and we gained 700 in open interest in a day.  Impressive buying spree.  1441 1/2, up 28.  Dow up 98 points, 34,118, and bonds get a 4 tic bump, 158.04. 

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