Thursday morning opened with strong exports in beans as expected from flash sales and decent wheat and corn numbers. Rice soft again. Beans having a hard time up here though and fade 8 3/4 by the end of the day to 1473 1/2. More Russia talk and Ukraine thinks Russia will attack Kiev soon. Corn up 3 cents, 653 1/2, and wheat gains 8 to 757 1/4. Rice bear funds added 300 to open interest, 1663 1/2. Off a dozen, so they got paid a bit for their trouble which should keep them coming back. Dow pounded for 803 points, 33,436, while bonds gain 29 tics, 132.02.
Comments are closed.