Thursday

Export sales report to open Thursday action with solid numbers in wheat, corn and meal while I'd like to see more out of beans and rice.  Grain room looked lower but found some support and we got a decent bounce as the day went on, with wheat leading the way, 587 3/4, plus 15 1/2.  Corn up a couple to 495 1/4 and soy gained 3 1/2 to 1060 1/2.  Rice got a 15-cent bounce to the upside as seller seems exhausted, 1365, and we have probably priced in the loss of Columbian business.  Dow off 141 points, 44,863 and bonds slip 2 tics, 116.03.