Tuesday

Dow was firm Tuesday with talk of easing Russia tensions, 34,904, up 433 points.  Bonds lost a full point to 150.24.  I know 160s seems like yesterday, but I wouldn't fade this bond move, as I can see 120s as a possibility.   Ag room was weak with wheat off 19 1/2 cents, 779 3/4 and corn in tow, 638, minus 17 3/4.  Meal drops 9 bucks and beans lose 18 3/4 to 1551 1/4.   When the bull don't get fed, he gets testy quickly.  Rice sell machine back on, 1481, down 24.  He made sure there was no room to bounce late.