Tuesday

Tuesday trade soft in the Ag room with beans and products leading the way down.  Beans tested the 1309 support and held, bouncing to 1319 3/4 for the close. Off 33 3/4 on the day.   Dec meal back down to 350 and that seems to make sense as a feed cost.  Won't look good if those numbers don't hold thru the rest of the week.  Wheat tried higher but faded to 724 1/2, off a nickel.  corn off 7 1/2 to 551 3/4.  Rice closes 1340, down 9 1/2 as the bear keeps up the pressure.  Cash buyers are starting to step in I believe.  Dow popped 277 to 34,998 and bonds were flat at 166 even.