Wednesday trade all about the wheat tour and the bullish news coming from it, but mostly as expected. Wheat up 14 1/4 on the day, 688 3/4, and that helped corn stay positive, 549, plus 2 3/4. The first corn combines are rolling, and I expect good to great reports almost every day in corn yields for the foreseeable future. Beans settled middle of the range, 1361, up 1 1/2. Rice had 35 more vs cash against the recent receipt cancellations, and some late buying after a firm day to push 18 higher on the close, 1366. Looks like a short coming out. Dow off 119 in a standard back and fill day, 34,834, while bonds slip 20 tics to 164.12.
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