Friday

End of month and mostly neutral report gave bulls nothing to sink their teeth into in front of a harvest weekend and we got hit pretty good.  Wheat stocks higher but pretty much in line with expectations, but still a 37 1/4 drop to 541 1/2.  Beans lost 25 1/2 to 1275 and part of that pressure was from the front of meal getting hit hard with some new deliveries collapsing the bull spreads.  With meal holding a solid fund long position and carry possibly coming back into the spreads, the exit door got skinny.  476 3/4 corn was a 11 3/4 cent loser on the day but really just giving back the weeks strength.  Rice hit for 22 cents, 1591.  Something stirring in rice with open interest nearly doubling in new crop Sept and lots of inquiries out there for Nov/Dec.  Dow looked higher but closed off 167 points, 33,725 as no one could pull off a weekend mark, while bonds put in a 9 tic winner, 113.25.  Still lost 3 full points on the week.