Tuesday

For the most part, WASDE report was a punt Tuesday.  Slight decease in corn stocks didn't materialize and corn leaked 3 cents, 651.  Wheat off 4 1/2 as well, 674.  Drop in Argy production and plain old order flow gave beans a dime rally, 1497 1/4. Rice stocks cut to pipeline and we ramp up 54 1/2 cents to 1695 1/2, recovering most of the last weeks break on not nearly enough volume to get the recent sellers covered.  New crop gained 52 cents on 81 total traded.  A bit thin?  Dow up 101 points in a quiet day, 33,852 and bonds leak 6 tics, 132.12.  Lets keep the planters running.