Thursday

Exports Thursday morning didn't bring anything extra other than a subtle hint that China is finding the US soybeans to be more attractive down here and I think might be accumulating cash.  Next few weeks will tell for sure.  Beans lost 11 3/4 cents, 993 1/2 and corn followed, 379 1/4, off 4.  Wheat off only 3/4 cent, 537 1/2 while trying to build a base and rice hit for 16 to 1499 1/2.  I worried about short term rice when the combines fire up but longer term I believe the Latin business will take all we have.  Bleeding the out of time grain farmer just keeps on going.  Dow has nearly a 1000-point range with most of it to the upside, 39,601, up 696 points while bonds leak 14 tics, 122 even.