Thursday

Nothing exciting in exports Thursday morning, but rumors of up to 3 vessels to china fuel Sept beans to 1461 1/4, plus 57 1/2.  Aug meal up $32 and Sept meal gains $22.   That's with some meal deliveries out of Owensboro.  Be interesting to watch those as the delivery cycle proceeds.  Wheat up 18 3/4 to 782 1/2, and corn gains 10 3/4 to 602 1/4.  Sept/Dec corn spread still at a 4 cent discount.  Rice buyer added over 200 new longs to the market as we gain 26 1/2 cents to 1732 1/2.  I wish it was more broadly based buying.  Dow in a small range churn day, 32,681, off 89 points while bonds gain 27 tics, 143.22.