Wednesday

Markets are counting the days to the end of the month reports, and global wheat is softening.  Board wheat off a dime, 624 3/4.  Corn looked lower but solid buying brought us 2 higher, 553 1/4.  Beans up 9 1/2 to 1432 3/4 and country basis getting stronger as commercials try their best to get what is left away from the farmers bin.  Rice up 18 1/2 to 1339 1/2 and the buyer tried to trap a few more sellers,  then went ahead and moved the bar higher.  would expect a back and fill, but rice has some kind of story in the background, including acres reduction.  Dow up 13 points, 32,319, but that was 350 off the high and a weak close.  Bonds gain another 19 tics, 156.24