Thursday

Thursday morning exports solid in soy and meal giving meal another $9 bucks up in an already explosive rally.  Beans along for 4 1/2 cents, 1315 1/2.  Crusher has to make his bank, farmer, not always so much.  Corn finally wakes up with a 47K pop in open interest and a 13 cent gain, 505.  With out some significant global weather change or worse, corn getting closer to a top to me.  Wheat up 13 3/4 to 594.  Seems like wheat has been on a run and yet we are still talking sub $6 wheat.  Financials still shaky with the Dow dropping 259 points, really quite controlled, 33,547 and bonds off another point and 14 tics, 107.27.  The amount of not marketed to market losses in the bonds is now staggering.