Thursday

Thursday morning corn and bean exports huge as expected and sadly, the market had priced it in.  Corn mustered a 2 1/2 cent better close and near the top of my expected range, 421 1/2, while beans lost 1 1/4 to 996 1/4 after an early look above 1010 and meal rolled over as well.  I'm hoping for some support Friday but do not expect it with another harvest weekend to contend with.  Wheat up 3 cents, 581 1/2 and lackluster trade there too.  Rice closes 1504, minus 6 1/2 and I'm more wary of catching that knife for churn trade with Nov deliveries next week and the spread unusually tight for the amount of grain out there.  No bounce in the Dow, 42,605, off another 133 points and bonds did bounce 23 tics, 118.24.