Wednesday

Wednesday trade letting some air out of the missile that hit Poland with most sources confirming it was part of the Ukraine missile defense system.  More talk of the corridor being extended.  Friendly weather for Brazil.  Beans took it the worst, 1429 1/4 off 28.  Wheat gives up 10 3/4 to 817 1/2, while corn recovers most of its drop, off a penny and a half at the close, 665 1/4.  Rice off 4 tics, 1774, as the computer is hunting stops, and we have air on both sides.  Dow in a dead day, 33,591, down 14, while bonds up a full point and 28 tics, 126.13.  At this point either bonds are getting really extended or we have a big shoe about to drop somewhere else.  Radar up and head low.