Thursday

Thursday exports were OK, but the WASDE report was a total punt.   Corn sales ultimately brought a bid there, 591 3/4, up 4 1/2.   Between Mexico continued buying, high fert prices, and dry stories out of SA, that market probably has the best bid on the floor for now.  Beans picked up 3 1/2 to 1264 1/2 on a meal bid.  Rice closed off 2 cents, 1380 but the bear doesn't seem to want to push any more.  Wheat down again, 776 3/4, off 17 3/4 as global markets ease.  Dow in a quiet catch your breath day, 35,753, up 7 points, while bonds gain back 15 tics, 162.27.