Wednesday

Wednesday trade a bit of a give back day.  Wheat off 6 to 630 1/4 while corn slips 4 3/4 to 607 3/4.  Beans lose 11 in mostly spread roll related trade with the pain in the front end, 1388 1/4.  Nothing much expected for exports tomorrow.  Rice hit for another 84 cents, 1762 1/2.  Over 2 bucks in 2 days, but seemed to find at least some buying near $8 cash.  Fed paused as expected but the Dow had run up going into the statement so the easiest path is down.  34,284, minus 247 and that was with a couple hundred point bounce off the lows.  Bonds up 24 tics, 127 even.