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Only bright spot in exports sales was beans to start Thursday trade. Sadly, by the end of the day beans could only muster a 2 cent rally, 1410 3/4. Big 32k drop in bean open interest on the day and Oct meal dropped over 12 bucks as domestic supply of beans has finally caught up and global pull has softened. Corn slips a penny, 669 1/2, and so does rice, 1735. Wheat off 7 to 896 1/4 with Russia annexing parts o the Ukraine. Dow falls 465 points, 29,285, while bonds give back 20 tics, 127.02. All for all, a poor action day across the board.
10/6/2022 06:07:22 pm
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