Wednesday trade just a feeling out of where the systems can push all around the street. Wheat looked at the 750 support and bounced back to 763 3/4, still off 11. Corn checked out lower and came all the way back to 591 1/2, plus 1/4. Meal took a break from the leading role and beans off a dozen, 1403 3/4. Rice buyer came to the dance, 1706, plus 28 1/2 and a bit less selling than I would have expected. Story out of India with up to 13% less rice acres. Dow recovered all of Tuesday break, 32,770, up 405, and bonds probed lower but again recovered most all the move, 142,27, off 4 tics.
Comments are closed.