Wednesday

Wednesday trade a lot more dynamic that I expected.  Corn up 13 3/4 to 557 1/4.  Wheat good for 7 1/2 to 759 3/4.  Global wheat story still there, and I'm guessing ethanol got a shot that still has to be announced.  Beans gain 1 1/4 cent, 1239 1/4.  Meal the stronger leg.  Rice up 1 1/2 with the seller not getting the win on the day.  Six dollar rice seems to have a bid.  Dow off 255 on a back and fill day, 35,389, and bonds gain a whopping 2 full points.  160.31.  That's 64 tics of upside, and not a very big inflation flag.  Maybe a flight to quality flag.