Wednesday

Financials stabilized Wednesday with the Dow off only 26 points, 39,482 and bonds up a couple tics, 117.25.  Grain room got a nice bounce as Tuesday break had no sponsor to continue the push.  431 3/4 corn was 5 1/4 better, wheat gained 10 3/4 to 556, and beans got back 8 3/4 of the break, 1182 1/4.  Rice sellers weren't getting paid and small short covering led to big gains in futures, 1651, for a nice 43 cent pop.  It's been a 3-buck break, and milling yields aren't getting any better.  Tomorrow trade will be interesting to see if we are a fish flopping around or are we basing.