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Not a whole bunch to Wednesday trade as we digest a firm Tuesday and await exports Thursday. Corn took the lead and held 6 1/2 higher, 551 3/4. Beans struggled to hold a penny higher, 1332 3/4. Wheat slipped 6 3/4 to 711 1/4, and it took a solid bounce in rice to get 2 lower, 1335 1/2. Dow churn for 46 points, 35,360 and bonds broke a point and 3 tics, 163.30. We finally walked away from 165 and it will be worth the watch to see if rates peaked.
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May 2023
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