Tuesday

After a long weekend Tuesday morning weather found no extra moisture so the bulls have room to continue the run.  Wheat up 7 3/4 to 695 3/4 while corn picks up 3 1/2 cents, 643 3/4.  Beans gain 10 3/4 to 1477 1/4.  Rice 1760 options get full and we push 60 cents lower in the front, 1719 while Sept is bid.  Be hard to spend much time below $17 to me.   Dow off 248 points, just pushing back into the lower areas of churn range, 34,356 so far, and bonds up 23 tics, 128.02.