Tuesday started in the hole with front corn and wheat limit down, but solid bounces across the grain floor thru the day. Seller tried to keep the corn limit by letting it come off and hitting it back down, but eventually enough volume showed to bring all the grains significantly off the lows. Wheat closed 1014 1/4, off 42 3/4, but that was 42 off the lows. Beans down 21 1/4 to 1643 but again a solid 21 cent bounce from the lows. Corn off 22 1/4 cents, 726 1/4 and recovered 13 from limit down, with the added bonus of a 6K gain in open interest. Shows a new seller today was met with someone willing to add to longs or get newly long. Rice ends at 1573, off 23 but a couple of notes there as we attract 175 new 3 ways in the options and a good gain in open interest as well. Dow gets pushed up 337 points, 35,190, and bonds pick up a point and 10 tics, 148.30, This de-escalation with Russia and the Ukraine better stick.
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