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

6/22/2022

 
Wednesday rice trade finally gets a 19 cent bounce, 1631 1/2, from a dime lower on the day  with no real volume to sell.  Corn rebounds 7 1/4 to 768, and that's about the only good stuff for the day.  Wheat closed up 1 1/4 cents, 976 1/2, but that was 30 off the high.  Beans fell another 28 1/4 to 1652 3/4.  Oil down hard again and the bio fuels guys need to repair their calculators.  Dow lost only 54 points at the close, 30,471, but it took a 450 point rally to do it.  Bonds up 2 points and 19 tics, 135.31,  The world is afraid of Powell, and headed for the sidelines.

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