Most of the grain room got a bounce Friday. Corn just ran out of sellers, and we picked up 4 1/2 cents, 386 1/2. Another bean flash sale and a bid in meal helped beans gain 9 cents, 1018. Wheat picked up 7 to close 539. I'd like to see more vigor in the wheat rally to give the rest of the market an all clear. Rice dropped 12 1/2 to 1494 1/2 and the buyer just didn't have the bullets to defend. Dow was down 1000 during the day and recovered to 39,879, still off 635 points while bonds gained 2 points and 17 tics. When I started on the floor that would have been a locked limit move in bonds to the upside. That is a fear trade to liquidity, and I'd wager it was global money driving the action. Very likely next week will have some major political and military actions to reconcile.
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