Friday

Another strong day in the Dow Friday as we gain 558 points to 33,158 for nearly a 2000-point bump since last Fridays close.   Bonds stable and up 8 tics, 141.30.  Oats quietly back above 7 bucks, corn gains 12 1/4 to 777 1/4, and wheat up 14 1/4 to 1157 1/2.  Rice up another 19 1/2 to 1747 and July open interest is still quite high.  Whether it's just order flow or something more, flat price and spreads bear watching this week.  Earlier I thought meal could test under $410, and here we are on Friday over $430.  Needless to say, stronger than I expected.  Beans held all of Thursday rally and close 1732 1/4, up 5 3/4 to close out the week.  Should be a lot of the remaining acres planted this long weekend.  Please take a moment to remember what this holiday is about and thank you to all who served.