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No meltdowns over the weekend and Dow lights up Monday for 646 points to 35,212. Three of the last 5 days have had a 600 point closing move. Can you say bigger churn. Bonds drop a point and 20 to 164.03. To be honest, I'm glad to see the bond drop. At least it looks less engineered. Quiet corn day, 583 1/2, off 1/2. Beans slip 5 3/4 to 1261 1/2. Wheat up 2 1/2 to 806 1/4. Rice off 4 cents, 1402 1/2. Seems like traders are just looking to clean the books and wait for Santa, but we do have a WASDE report Thursday.
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March 2023
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