Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • Home
  • Commentary
  • About
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  • Contact
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  • Individual advisory service
  • Archives
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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

4/5/2023

 
Not a lot happening Wednesday.  Beans tried higher early with a flash sale but faded to 1511, off 6 1/2 at the end of the day.  Argentina dollar grain program will get some exports.   Corn slipped a penny, 652 3/4.  Wheat taking the path of least resistance downward 9 1/2 cents, 682.  Rice bear didn't get paid as we bounced 4 cents to 1683.  There was a 120 lot in vs cash done as well.  Business at these prices.  Dow in a dead day up 79 points, 33,656 and bonds gain another 30 tics to the top of my range for this move, unless there is some significant global shift over the coming long weekend, 134.02. 

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