Wild Wednesday trade that started with Putin talk of issues in the shipping corridor and wanting more concessions, but the rally faded thru the day, with beans closing 1383 1/2, off 15 1/4 and breaking 50 cents from the morning high. Corn went from a dozen higher to a nickel lower, 671. Wheat up 27 1/4 to 844 1/4, but even that close was half of the early morning highs. Rice lost 7 1/2 to 1705 1/2 as we found buying at the buck and decent volume thru the day. 118 new receipts registered and delivered with 100 left to close out September. Open interest dropped so no doubt the short fund is causing pain for the long one. Dow strong all day and 411 higher at the close, 31,577, while bonds recover a point and 7 tics, 133.21. Stocks have some really big put buying that seems to date to be absorbed pretty well.
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