Monday Ag room a bit soft with no reopen in China after all and WASDE on Wednesday with the spec long pretty extended. The market is definitely not set up for a bearish surprise. Beans off a dozen by the end of the day, 1450 1/4. Its still 14.50, and we are now trading SA weather, which appears to be improving, not us production or demand. Bean oil rally may have run its course. Corn down 5 1/4 to 675 3/4, and wheat, after churning both sides closes off a couple cents, 845 3/4. Rice short still coming out, 1779, plus 9 1/2, for the one bright spot in grains. Dow rocks 410 higher in front of the election, 32,838, and more than 800 points in 2 days. Bonds off 29 tics, 118.17.
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