Malcom Ag Group, Inc.
Malcom Ag Group, Inc.
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  • Home
  • Commentary
  • About
    • Bio
  • Contact
  • Links
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  • 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

4/6/2022

 
Wednesday trade soft as we back and fill some after the strong start to the week.  Corn slips 3 1/4 to 756 1/2 and wheat off 7 cents, 1038 1/4.  Soy complex a little softer and beans close 1619 1/2, off 11 1/2.  Rice down 13 to 1590 1/2 as the mills are running hard but exports are running a bit behind.  River freight this high isn't helping, but Mexico doesn't have much left to ship before they have to came back to the table.   Dow off 151 points, 34,399 on a lower trade thru the day and some getting big picture skittish that it might be time to leave the dance for a while.  Bonds off another 31 tics, 145.14.  Dangerous knife to catch. 

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