Thursday

Exports solid across the board to open Thursday trade firm and corn attracted 17,000 more longs to the dance on the day, 682 1/2, plus 7 3/4.  Wheat up 11 1/4 to 752 1/2 as hostilities amp up.  So far the Russia corridor is moving, and I don't see any reason why Ukraine would stop ships moving, but there is no problem having a war premium while there is active war going on.  Beans up 21 cents, 1523 1/2 and on the high side of what I thought this wave could do,  Rice buyer all day strong with a 15 cent better close, 1831.  Dow closes 34,023 with a late push to get over 34K as expected, but they have to worry about too much exuberance drawing the ire of the FED in a few days.  Bonds off 13 tics, 130 13.