Thursday

Thursday exports held no real surprises and the grain room leak mostly continues.  I want to remind everyone again that a lot of the fuel at the tail end of this break has been longs forced out by delivery clerks and already short funds getting shorter.  I know there is talk about this being a remake of 2014, but it's way too early to me to make those comparisons and market bias didn't have this kind of participation.  Corn off 6 1/4 to 413 3/4 for a new low.   Beans down 10 1/2 cents, 1152 1/4.  July rice pummeled, 1675 1/2, minus 104 1/2.  Wheat, which helped start the break bounced 18 1/2 cents, 559 3/4.  Quiet churn in the financials with the Dow up 10 points, 39,550 and bonds gaining back 12 tics, 119.10.