Tuesday

After a long weekend we came out of the box Tuesday strong. with corn briefly limit up and settling 32 higher, 688 3/4.  Wheat 30 higher as well, 693 1/2.   Beans had meal firm early and leading the way, but we ultimately fell back to oil running the show, beans 18 higher at the end, 1548 1/2.  I will be watching with interest when they finally cancel the meal receipts outstanding.  Rice off 1 1/2 to 1328 1/2.  Stuck. Weather and time have capped rice acres and now we just have to grind or export our way past what is really not a big amount of excess on the farms today.   Dow looked higher early but faded back to 34,550, plus 37, while bonds slipped 13 tics, 157.23.  Nothing rocking in the financials right now, but give it some time and they will create some news.