Thursday

Beans the feature again Thursday as we pop another 34 1/2 to 1425 3/4, and above perceived technical resistance.  Bean oil lit a fire following Palm and we added big open interest in beans and oil as the funds appear to continue adding to an already large position.  Corn could only muster 1/2 cent, 611, and wheat tried, again and again, but wound up off 6 1/4 to 790 1/4.  Rice bull added  and we gained 11 1/2 to 1477.  Appears we are bumping up against someone more willing to sell some inventory up here.  Dow still soft, 34,6165, down another 294 and was another couple hundred worse.  Bonds up 3 tics, 154.15.