Friday

Trade Friday was more of a settle up for the long holiday weekend and no one really wanted to commit.  Most everything settled near the middle of the day's range.  Wheat off a couple cents, 542 1/2 as it slips away from the 550 area but not with any conviction.  Corn off 3 1/2 to 459 1/2 and some talk that the Brazil second crop is getting bigger is a concern.  Beans down 7 1/4 to 1060 1/4 but a dime gain for the week.  Fact that all the grains were better on the week.   Rice fully recovered Thursday drop, 1317, plus 25 1/2 but a big drawdown in open interest, 400 down in the July on 1000 volume.  Thats both sides leaving the dance.  In all the grains, prompt new exports are the fuel we need to get an outsized pop.  Dow had an 800-point range and settled 41,674, off 251 on a late in the day leak.  Bonds pick up 15 tics, 111.21.