Thursday

Export sales nothing to write about Thursday morning but market clean up in front of WASDE gives us a bid as most funds are short.  Corn up 6 to 610 1/4.  Wheat gains 9 1/2 cents, 626 1/4.  Beans seem to be tired up here even with bio-based oil bid, 2 1/2 better soy, 1363 1/4.  July rice lit it up for another 47 to 1876 and open interest only dropped 18 on 700 volume.  I think we just introduced some fresh meat to the grinder.  Dow up 156 points, 33,865 and bonds recover yesterday, 127.15, plus a point and 5 tics.  You should be out of any June bonds.