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Wednesday trade mostly softer in grains as no news to feed the bull gives us a pullback in corn of 5 3/4 to 417 1/4. Wheat drops 10 1/2 to 598. Wheat doesn't seem to like being over $6 for very long. Beans have a 6 1/2 cent follow thru rally but sure acting tired as volatility gets sucked out of July options. Rice unchanged, but tired as well. 1244. Dow just has a churn trade, 29,311, off 8 points, and bonds find 21 tics, 170.21.
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May 2023
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