Tuesday

New month, new money.  Tuesday Jan beans run up 28 1/4 to 1447 3/4 with talk that china will review the zero covid policy.  Jan rice is up 66 1/2 with the new short funds getting educated by the commercial trade.  1765 and nearing $8 Bu. again.  Wheat up 20 1/4 to 902 1/2 with Russia saber rattling about the corridor, and corn trying to stay in the hunt, 697 3/4, plus 6 1/4.  Dow off 90 in front of the FED talk and 75 basis raise. 32,685.  Bonds gain 17 tics,121.01, but well off highs.