China booked more corn to start the news cycle Wednesday and futures gained 3 1/4 to 650 1/2. We have gone from some expecting a meaty pullback to holding gains and funds probably not much of the mix. Wheat up a nickel, 704 3/4. Russia might be stopping Cargill from doing business in the black sea which would have some deeper issues if true. Beans hold all Tuesday gains and add another 9 1/2 to 1477 1/4. Rice slipped 4 to 1770 1/2 but no one seems willing to push down from here. I think in all the grains people are waiting on Thursday exports and then Friday government numbers. Dow strong all day, 32,903, plus 315 points while bonds slip 4 tics, 129.26.
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