Wednesday WASDE brought us slightly bearish numbers for most grains, and more comfort that the Russia corridor will stay open. Wheat went thru support and closed 806 1/2, off 21 1/4. Corn only off 3 to 664 1/2. Beans looked lower on the report but bounced well and closed 5 1/2 higher, 1452. Rice short still on the hook, 1798 1/2, plus 6. We seem to be running into a fair amount of resistance here. Dow finds the red wave didn't materialize, and we are off 648 points, 32,527, just giving back part of an outsized rally. Bonds off 9 tics, 119.21.
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