Last trading day of the year and Thursday didn't disappoint. Dow ran up to the highs and closed 30,497, plus 195. Bonds up 11 tics, 173.06. Wheat stalled at these high levels, catching its breath, 640 1/2, but oats have quietly traded above 360, so this rally is across most grains. Corn pops another 9 1/2 to 484, closing out a killer strong week. 522 was the 2014 high. Switching to March for beans and rice as we are now in Jan deliveries, Beans gain 10 1/2 to 1311 and looking to clear my next area of resistance without too much trouble here. Rice pops 20 in the last 15 minutes on what appears to be a year-end dressing, 1269. Beans cant find anyone in Jan to deliver, and rice had to dig up the banksters just to carry. Tale of two grains for sure.
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