Exports about expected, or at least no major surprises, and Dow rocked for 620 points back up, 34,622. Churn boys need their year end money you know. Bonds only slipped a tic, 163.29, so they held all their rally so far from the financial break. Big money isn't afraid of long term inflation today. Wheat bounced 24 1/2 to 815. Beans up 16 on the back of a decent oil bid, 1244 1/4. Dry talk for SA getting some traction, but that crop sure has got off well. Corn up 5 1/4 to 576 3/4 and basis solid. Rice gains 7 as the seller sold a piece early, but backed up with everything else so strong. Doubt he is done tho. 1402.
Wednesday brings the first trading day of the last month this year, and some stability after a solid hit down in Ag. March corn gains 4 cents, 571 1/2. Wheat gets back 3 1/4 to 790 1/2, but more importantly, stops a hard slide. Beans bounce 11 to 1228 1/4. Meal strong. Rice long is still liquidating, 1395, minus 8 1/2. Dow was off another 455 and over 1000 points on this two day break to 34,002, but bonds only gain 8 tics, 163.30.
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