I was worried about a Monday/Tuesday type trade, but the markets held, abet mostly stalled. My biggest concern with this week's actions so far is the declining open interest, where we are rallying on people wanting out vs players wanting in. 585 wheat was the leader, 14 3/4 better. Corn followed as it normally does, 443, plus 3 1/4. Beans up 6 1/2 as well, 1167 1/2 but meal seems to be finding resistance up here. Rice got a 23-cent bounce in thin air trade, 1919. Dow continues the recovery, 38,726, plus 258 points and bonds gain 6 tics, 114.23.
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