Tuesday

Soft Tuesday trade as the bean market is signalling that most of the current china demand has been priced.  Beans close off 12 3/4 cents, 1145 3/4.  Meal off $5 as a drag to beans.  Corn slips 4 1/4 to 419 3/4, and wheat is 7 1/2 lower, 570.  Rice picks up a couple in roll trade, 1233.  Dow looked lower early but churn trade continues as we bounce 113 to close 30,170.  Bonds up 17 tics, 173.02.