Thursday

Thursday trade a little muted as export sales delayed until Friday, and its February.    Corn off 2 3/4 to 550 1/4 and some talk of the Illinois river frozen used as a drag on shipping.  Meal a dog all day and dragging beans down 8 3/4 to 1375.  Really not a bad performance by beans and I doubt meal can stay down.  Wheat rekindled the winter kill story and Russian exports as well as Paris pricing all gave a solid floor to the churn machine, 662 1/2, plus 18 1/2.  Standard spread roll in rice, 1273, off 1 1/2.  Medium grain insurance came out at 7.47 and that has a little buzz going on the street.  Dow was 300 lower but just widening the churn range for computers, 31,431 back to off 118 points on the close.  Bonds looked higher and lower but close 164.16, plus 3 tics.