Tuesday

New month, new fund money.  This is a money market in the beans now, and that new money is buying.  1528 1/2, plus 38 cents.  almost 24K new open interest to do it.  43K in new open interest in the complex.  In one day.  On the highs.  Easy to get killed trying to pick a top, but the last one to the dance will be bloodied like we haven't seen in a long time.  Corn gets back 8 3/4 to 634 3/4.  Kind of a dead cat bounce in wheat, 769, plus 7 3/4.  Rice picks up another 10 1/2 to 1516 1/2.  New buyer in the mix for sure so id say 690 is now the bid, weather your cash guy wants to admit it or not.  Dow up 277 to 35,274 and bonds slip 10 tics, 155.10.