Friday

Friday closed 23 stronger in beans with both products solid, especially meal.  1267 1/4.  Corn held its early strength as well, 584, plus 7 1/4, but just a couple cents better than Monday's soft close.  Really just a churn week if you step back from the front lines.   Rice up 4 1/2 to 1406 1/2  and acts like its tired of going down.  Wheat just couldn't get it going, 803 3/4, off 11 1/4.  Dow had a 500 point churning range and closed off 56 points, 34,566, while Dec bonds gained another point and 26 tics, 165.23.  I will stress again, the biggest money in the world isn't signaling long term inflation.