Thursday

Thursday starts with none too impressive exports and more confidence in rain in SA.  Combined, not good fuel to keep the bull fire lit.   Soy complex is weak, even with increasing OI, as someone seems to be finishing their buying program but beans drop 22 cents, 1377 1/4.  Wheat off 11 to 746 3/4 and new sellers seem to be coming to the dance.  Corn off 11 1/2 to 587 1/2 and looks like long liquidation to me.  Rice up 1/2 to 1425 1/2 with low volume and no one wanting to push.   Dow off 171 points, 35,989, about back to Mondays close, and bonds pick up 16 tics, 156.17.