Wednesday

Meal was the story Wednesday, and that 10 buck bounce gave beans a push 36 1/4 higher, 1587 1/2.  I think we caught some weak shorts who just paid up to leave the room.  Corn followed for 9 cents, 647.  Wheat could only muster 780 1/2, a 3/4 cent gain.  Rice up 7 as the market seems to have an upward bias when the seller isn't pushing. 1488.  Surprised he hasn't tried the long side, but the calendar says to wait a few weeks for that game.   One thing I have learned over time watching this show is never believe that these programs follow a strict calendar.    Dow has a 500 point mostly lower churn day, 34,851, off 53 points, and bonds find a 3 tics up-move, 150.27.