Wednesday

Wednesday trade gets a bid in wheat, 10 1/4 higher, 661 1/4.  Supportive to old crop corn, 4 1/2 better at 664 1/4..  Brazil crop appears to keep getting smaller as well.  New crop corn leaked small as more rain gets factored in, but the northern plains are still deficient.  Oats picked up a nickel too and hopefully finding a floor.  Beans off 9 1/2 to 1385 as meal continues to look for a bid, but new crop having a harder time dropping from here as we keep selling china more new crop beans in this break.  We are selling a bunch of current meal down here at these prices as well.  Rice strong again and 19 1/2 higher close, 1334 1/2, but that was 30 off the high as whoever got short pushing the lows appears to have been blown out.  Quiet financials with the Dow off 76 in a dead day of trade, 33,759,  and bonds off 5 tics, 159.25.