GRAINS: 03/18/10 .Higher closes yesterday for rough rice, soybeans, soymeal, soyoil, corn, oats, Minneapolis, Kansas City and Chicago wheat again due to the lower dollar which did rally after the grains were closed leading me to believe the the grains will start out lower Wednesday evening.

GRAINS: 03/17/10 . Higher closes yesterday for rough rice, soybeans, soymeal, soyoil, corn, oats, Minneapolis, Kansas City and Chicago wheat.

Downward momentum is gaining as Crude has lost 2.9% in the last 2 sessions. We are expecting this move to drag prices in May to $76/77.

This does not feel like Spring Break to me as I need to be glued to the screens. The good news being I live in Ft Lauderdale it may feel like Spring Break at the beaches this weekend.

Markets seem to waiting for some type of catalyst to determine the direction of the next leg. Inside day in Crude oil as prices hover around $82/barrel.