Thursday

Thursday opened with pretty much expected deliveries and nothing stellar in export sales.  Reports at 11 were mostly in line and we went from lower to better on the day, but the great reset pushed us lower for the rest of the day.  Switching to September futures, Corn hit for 35 1/4 to 628 3/4.  Wheat pummeled down 46 cents, 884.  Rice fares the best, 1674 1/2, down 5 1/2.  August beans drop 11 to 1560 1/2.  Dow was ugly in a contained way, 30,781, off 218 points, but that close was including a 375 point bounce from the lows.  Bonds gain a point and 22 tics, 138.20, and I'm starting to wonder if this is a slow motion flight to quality.  Something here really doesn't add up.  Friday should be a churn day with the computers working the reset to a lower level but surely not willing to give this ride up.  Long holiday weekend for new stories to be written to.