The risk of foreign debt default increased as traders aggressively sold Greek bonds, and economic and political problems increased the chance a default by Greece.

Thursday was also the single largest day of de-leveraging since last year; gold futures closed down $49 per ounce and crude closed down $3.80 per barrel.

And what happened after all this negative news? Corn futures closed up 1 cent, soybean and wheat futures closed up 6 cents. In a world of economic uncertainty, people still need to eat and still have the money to do it. Investors bought the US dollar and food…