Thursday

Thursday trade starts a new month and some new buying.  Export sales delayed until Friday and hot and dry is hip again.  1329 1/2 bean close is 29 3/4 better, erasing pretty much all of Tuesday churn/noise.  Wheat up 16 1/2 to 610 3/4.  Corn off 1 1/2 in the front, 592 1/2 getting pressure from the spread roll as Sept gains 8.   Rice picks up another 19 cents, 1748 and there is some chatter about just how much is left in the country to make it to new crop if any export surprises appear, but definitely not very much.  Dow based as expected and 124 better on the day 33,103 while bonds pick up another 17 tics, 128.19, but they look to need some fresh input to push up much more than today highs.