Big bean sales reported to China on Wednesday met with buy the rumor, sell the fact trade, ending 1560 3/4, off 6. Wheat up 12 1/4 to 795, and corn up another 5 3/4 to 665 3/4. Corn open interest up tiny and wheat OI down. Not the making of a big bull run continuation to me. Rice off 4 1/2 cents, 1724 1/2, and that was with our big buyer adding 500 new longs at no gain. Friday rice could have some fireworks if we get back down to the 1680-17 options strikes. Dow in churn trade, 32,958, plus 57 while bonds lose another point and 2 tics, 136.14.
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