Tuesday trade surprisingly weaker than expected with wheat only up 2 3/4 cents, 760 1/4 after the limit up move Monday. Most of the day it appeared that there would be zero follow thru. Corn lost 3 to 557 1/2 and beans softened 2 3/4 to 1450 1/2. Beans supported by meal. Rice off 26 1/2 cents, 1593 in what ultimately was a Monday/Tuesday trade. All the grains needed a healthy bounce from the lows to close where they did. Not typical bull action. Dow checks new highs in front of what I'm guessing will be a FED fade, 35,604, plus 23 and bonds slip 20 tics, 125.17.
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