Wednesday

Corn off 2 1/4 to 384 1/4 on a back and fill day.  Rice bull came for the market, 260 vs cash traded, and the spread roll has begun, with 10,000 more to go.  1366 1/2, plus 8.  Beans off a couple cents to 893 and meal leaks a buck and a half.  Wheat down 7 1/2 to 562 1/4 and global prices are slipping.  Not a good time to stay long wheat to me.  I had to do a double take as I was driving to Memphis and didn't see late trades in the dow, but it closed unchanged, 28,710, after being up well over 100 points, and bonds gained 30 tics to 162.08.  You don't have to know much about trading to know that's not a good sign for the dow.