Thursday

Nothing to add fuel in exports Thursday morning but fund shorts and SA weather finally pushed the grain room into some covering action.  1199 beans, gaining 28 3/4 cents lead the show with meal gaining another 15 bucks as the funds flex and commercials happily let them.  I guess domestic meal users will have to bear the brunt of this as I can't believe the meal spike is good for exports.  Corn up 9 to 459 3/4 and wheat pulled along for a nickel gain, 604 1/4.  Rice buying dissipated and funds looking to get out had no takers, leaving a 90 1/2 cent downward hole, 1834.  Would not try to catch that knife.  Dow looking to recover Tuesday drop, up 313 points, 38,382 while bonds stall at 115.04, plus 3 tics.