Tuesday

Quiet on the Russia corridor impasse with talks supposedly resuming as well as solid planting pace weighs heavy on Tuesday Ag.   Wheat was off 20 but recovers half, 643 1/2, minus 10 1/2.  Corn off 11 3/4 to 584 3/4 with China stiffing us on all April purchases.  Meal gets a hard hit and soy follows, 1414 1/4, down 19 1/2.  Even rice seems toppy, 1822, down 14 1/2 on the day.  Some options activity in rice that catches the eye.  Dow minus 48 in a dead day, 33,637 and bonds leak 6 tics, 129.22.