Wednesday

Wednesday rice trade finally gets a 19 cent bounce, 1631 1/2, from a dime lower on the day  with no real volume to sell.  Corn rebounds 7 1/4 to 768, and that's about the only good stuff for the day.  Wheat closed up 1 1/4 cents, 976 1/2, but that was 30 off the high.  Beans fell another 28 1/4 to 1652 3/4.  Oil down hard again and the bio fuels guys need to repair their calculators.  Dow lost only 54 points at the close, 30,471, but it took a 450 point rally to do it.  Bonds up 2 points and 19 tics, 135.31,  The world is afraid of Powell, and headed for the sidelines.