Decent continuation up in the grain room Wednesday with wheat and rice leading the way. Wheat pops 14 1/4 to 610 3/4 and bid to the close. Rice pressing $8 cash again with a 34-cent rally, 1777 1/2. Corn up 5 3/4 to 452 1/4 but seemed to be pulled by wheat more than walking on its own. Beans struggled to 1240 1/4, plus 3/4 after trading 1246 early. Dow looked like it was going to post new highs but fell over, 37,979, off 110 points. Not a giant signal, but this giant looks a bit wobbly to me. Bonds off 19 tics, 119.07. Still in the trading range, abet near the bottom of it.
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