The Nemenoff Report Bonds Lower, S&P's higher, Silver Higher
Grains: Mar. Corn is currently 7 cents higher at 718'0, Mar. Beans 2'0 lower at 1485'0, Mar. Wheat 12'0 higher at 768'0 and Dec. Wheat 8'0 higher at 792'0. Since the 11:00 AM Grain Report. Since the Report Corn is 3'0 lower from pre-report levels, Beans 10'0 lower and Wheat about 8'0 higher. If you went long Mar. Corn either take the small profit or enter a protective sell stop at you break even level. There was more Corn than expected leading us to believe that exports were a disappointment. Wheat was less than expected.
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