Wednesday trade strong in beans as we bounce 22 1/2 cents to 1366 3/4. We were 40 higher at one time as we reset what was an overblown break to start the week. Rice bear had no bullets so we close 1289, plus 7. Don't see the buyer chasing, but the seller seems to have hit the wall in rice. Corn more than a dime off lows, 542 3/4, still off 9 1/4 on decent forecast pressure. Wheat down 3 3/4 to 622 1/4. Dow had a tight range and 108 point rally, 34,568, and bonds up another point and 6 tics. 163.09. Wow. Clearly something in the financials is out there I don't see.
Comments are closed.