Wednesday

Wednesday was risk off across the floor.  Beans couldn't make 1520 stick and as it rolled lower it gained sellers.  1506 1/2 and I'm open to where it might go over the next few days.  Wheat down 16 1/4 to 681 3/4 as reports that ships are moving for Ukraine again.  Corn follows, 672 1/4, minus 5 1/4.  Rice spreed the feature and it appeared that the short got covered and from there on lack of support.  1712, May futures off 22.  Dow in a very quiet range but settles off 91 points, 34,033 and bonds slip 10 tics, 129.23.