Monday

Monday strong in the grain room, led by wheat, with Russia bombing grain terminals and Kiev.  This reduces any possibility of a deal getting cut in Turkey on 6/8.  Wheat neared limit and closed 53 higher, 1093.  Corn 15 1.2 higher as well, 742 1/2, and that was with good planting progress.  Rice up 43 1/2 to 1723 with the bear not willing to defend on the day, but the Club will be meeting in California this week, so don't get too friendly yet.  Beans stalled for now, 1699 1/4, plus 1 1/2 and no real features in the products.   Dow was 300 higher but closes only up 24 points, 32, 912, and bonds drop a point and 15 tics, 137.23.