Thursday

Thursday exports good enough everywhere but not enough to move the needle anywhere.  Recovery rally continues in beans, 1027 1/4, up 15 1/2 and corn, 464, plus 8 1/4.  Wheat struggled but still posted a 5 3/4 cent better close, 554.  Rice bear still blowing out stops but seems like he's into harder territory, 1313, off 21.  I sure hope he is. Deliveries in all the grains for March are mostly finished now and no major hitches.  If something happens now in a March delivery position, it's the shorts' fault for greed. Dow off 450 almost exactly giving back Wednesday bump, 42,616 and bonds off 13 tics, 117.11.  The churn machines in the financials have to love Trump.