Tuesday

Downside in the financials ran out of breath Tuesday and we got sable bonds, 110 even, up a tic and the Dow recovered Monday losses, 33,269, plus 202 points.  I had hoped we would see some positive action in the grain room, but outer than funds running meal up, which allowed beans to gain 8 1/2 to 1295 1/4, action was pretty thin.  484 corn is off 6 1/4 and wheat lost 6 3/4 to 580 1/2.  Until Russia runs out of exportable wheat, we just cant get a bull story going.