Tuesday

First intentions trade in the Dec contracts led the volume Tuesday, but a pretty nothing event.  We will be switching to March in the corn and wheat moving forward as spot has mostly been covered.  March corn, 669 1/2, off 1 3/4 and we had 300 deliveries.  Wheat got 1200 delivered as pretty much expected and we closed March wheat 3/4 higher, 781 1/2.  ADM put out 500 oil which caught a few off guard and meal was a drag to soy, still 2 1/4 better at the close, 1459 1/2.  Rice spread roll has started in a small way, 1789 1/2, off 3 1/2.  Dow looked lower but recovered to 33,857, off 14 points in a nothing day of trade.  Bonds gave up 22 tics, 126.23.