Wednesday

Dow has another nearly 1000 point range and settles off 130 points, 34,055.  Bonds give up 29 tics, 154.11.  Fed punted the interest rate hike until March, and the world sees that as a weak hand.  Not sure how they are going to keep humpty dumpty glued together.   Beans caught most off guard and rocked 32 3/4 higher, 1440, just a couple cents from contract highs,  with meal and oil in tow.  I expected a bigger gain in open interest for that move than what we got.  Corn up 7 to 627, but wheat dumped 23 to 795.  Wheat seems to hate 8 bucks.  Hoping for something in exports tomorrow.   Rice up a dime, 1507, but no one seems willing to make a push.  Domestic grind continues, and exports are wanted here as well.