Thursday

Thursday morning exports brought nothing friendly to the dance and allowed corn and soy to tic my first bigger areas of support in new crop.  I have to admit timing is not even close to what I had pegged but I can reconcile the move.  It gets harder for the big fund seller from here on.  555 1/4 corn is off 6 1/4 in the front but Dec probed the 490 area and recovered over 5 bucks and higher on the day.  Beans closed 1333 1/4, off 3 3/4 which wasn't bad with the meal hit.  Wheat continues the drain, 611 3/4, off 13 3/4 while rice dips to 1733 1/2, down 17 1/2.  Dow churned as usual, 33,618, up 140 points on the close and bonds leaked another 28 tics, 127.29.