Tuesday

Tuesday trade more squaring in front of Thursday WASDE with corn up 2 1/4 to 655 but wheat losing 10 1/2 to 731.  The world is screaming thru wheat that the food shortages are ending.  Its up to us to pay attention.  Beans off 3 1/2 to 1485.  Rice closes 1801, plus 6 1/2.  Dow churn to the upside as we get a 179 point higher close, 33,849, while bonds roll over, 128.07, off a point and 22 tics.  Fed should put out thier last raise and change the wording to pause in the Feb meeting, but I don't see them dropping rates as soon as most.