Thursday morning export sales were great in the beans and late flashes put up big corn numbers. This is really working up to be a show me market, as nothing really wants to get much of a rally going in front of harvest. There is an opinion that the farmer will have to sell large quantities off the combine of every grain, and the commercial benefits from cheaper prices. My stance is the computers can keep us down baring a weather change, but whatever we can store will pay us next year. Part of this marketing game will be a long one. China seeing very high internal prices that will force the government to restock supplies. This will be a great year to own the shippers, because they will be busy. Beans gain 2 1/4 to 886 3/4 with firm meal. corn up a 1/4 cent, 315 3/4 but near the lows of the day. Rice gains 15, but that is 35 off the highs, 1153 1/2. Computers saw enough stops to run them in I guess. Wheat gives back 3 1/4 to 529 1/2 in typical churn. Dow under pressure and even with some buying wound up 222 lower, 26,218, while bonds rallied a point and a tic, 182.10
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