Wednesday

New month Wednesday with new money and deliveries started all help to stabilize the markets.  Basing action really showing up post open and beans show the best,  1494 1/2, plus 15 1/4.  Corn up 5 1/2 to 635 3/4 and wheat up 4 1/2 cents as well, 710.  Rice had a 60 cent roller coaster as downside trailing stop hunting early lead to sidelines buyers showing up and we closed up 17 cents, 1752.  Dow trying desperately to make this the new churn area, 32,693, up 11 points.  Bonds off another 30 tics, 123.06.