Wednesday

Beans the leader Wednesday as meal catches a bid and oil numbers with crude strong really don't have much room for a setback.  Big spike in the morning and we set back to 1718 3/4 by the end of the day, still 22 1/4 higher.  Corn faded thru the day from early run as well, 757 3/4, up 4 3/4.  Wheat closes 12 1/2 lower, 1105 3/4 as the spread is wanting to revert back to carries.  Dead day in rice, 1599, off 3 1/2.  Dow weak all day and off 459 at the end, 34,250, and bonds gain a point and 4 tics, 149.17.