Nothing really exciting in Export sales to give any fire to the grains Thursday morning and corn sellers pushed us below 430 and down to 426 3/4, off 3 1/2 and getting the front month spread to squeeze on perceived lack of deliveries. No bounce in wheat by the close, 536 3/4, off 1/4, but no desire to push further either. 1134 1/4 beans are off 15 1/2 and overdone to me. Rice buyer here again and 18 1/2 better day, 1901 1/2. Worried that July futures are going to drag us past May cash capacity up here, but fading funds in thin markets can be a painful endeavor. Dow looked better but faded to 38,007, plus 17 points as bonds dropped 23 tics of Wednesday pop, 114.04.
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