Thursday trade in the equities was a catch your breath event as the Dow has a 650 point churn range and close up 148 points, 26,557. Bonds lost a point and 6 tics to 172.27. Scary to me. The only way long rates go down much from here is a great depression. Wednesday losses follow thru to a small amount as corn drops 3 to 398 1/2, and wheat off a nickel, 603 3/4. Beans down 5 1/2 to 1051 3/4. Rice trades a scratch, 1247 going into deliveries.
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