Friday

Ag tried to peek lower Friday morning but buying and options expiration actions pushed us higher thru the day,   Corn up 3 to 419 1/4.  Beans and wheat both gain a dime, beans 1083 3/4, and wheat closes 362 3/4.  Meal gains $4 as bean OI drops 47K.  New bean highs trade, options expire, and OI gets reset.  First few days of next week will be interesting to see how the players want to reestablish risk.   Rice gets a 12 1/2 cent bounce to 1234 1/2 with spread rolls getting Nov open interest under 2000 and a drop of 250 total open.  Still like to know more about whats going on privately in the cash side to fuel this strength.  Dow churn trade again and closes off 79 points, 28,289, and bonds look lower but close up 8 tics, 172.19.