Can't talk about Monday trade without starting with the violence in the Dow. We traded to a low of 33,031 and then bounced 1200 points to 34,253, up 96 points on the day. Computers did a wonderful job of flushing out every weak player they could find, so without a global issue out of China or Russia, that will be the perceived floor. Bonds close off a tic, 155.29. Wheat up 20 1/2 to 800 1/2 with talk of Russia/Ukraine the feature, and short funds buying their way out. Corn plus 4 3/4 to 621, and rice picks up another 13 to 1498. So much for the world of cash for sale at 675. Beans off 11 1/4 to 1403 and I would say some of the funds needed to lighten the load.
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