Fund re-balance Monday moved everything around a bit. Corn slips 4 to 589 1/4. They are already long a ton of corn. Wheat off 12 3/4 more to 758. Rice bull didn't defend and a selling system pushed us 22 lower, 1463 1/2. Not a bad price if nitrogen wasn't so high, but it is. Beans popped 16 1/4 to 1355 1/2 with meal looking up new highs, $12 higher itself. Dow got juiced for 229 points to close 36,455, but bonds dropped 2 full points and 17 tics to 157.29, an ominous way to start the year in the interest rate game. This will be a bumpy year.
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