Tuesday grain markets wanted to be firm, they really did, but just couldn't find a sponsor with a backbone. Wheat, with the best story faded 15 from its highs to 674 1/2, down 2 1/2 on the day. Corn looked over 560 but dropped to 546 1/4 at the end, off 1/2 cent. Beans stayed 1 3/4 positive with a bit of meal help, bur still nearly 30 off the high trade, 1359 1/2. Dow back and fill, 34,953, off 81, while bonds gain 28 tics to 165 even. Fed will have some chatter Wednesday, but I'm not looking for anything. Day 2 of the wheat tour on tap.
Comments are closed.