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China grain buying rumors and truths still pushing the grain market higher Friday. Corn up 1 1/4 to 319 1/4 and beans gain 5 1/4 to 850 1/2. Both were stronger early in the day. Rice gains 28 cents, 1533. Focus shifting away from may and 150 1600 calls liquidated on Friday. That's a new one, worth paying attention to. Wheat off 1/2 to 522. Dow up 443 points, 24,286, and bonds churn down to 179.22, off a point and 14 tics.
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May 2022
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