Tuesday

Explosive day Tuesday in the grain room as funds are adding to a big long position.  Beans lead the way, 1389 3/4, plus 34 1/4, and strong oil, but beans were the leader rather than a product for the day.  Corn rocked for a 20 1/4 higher move, 609 1/2.  Wheat up 12 cents, 770 in an anemic trade if that's possible for a market gaining 12 cents.  Rice had a wild 40 cent range and closed 6 higher, 1469 1/2.  Dow up 220 to 36,675, and bonds off another point and 3 tics, 156.26.  I would expect some FED jawboning pretty soon.