Friday

Another dog day in the grain room with delayed exports bringing nothing new to the game.  1133 soy was a hit for 14 3/4 while wheat was off 9 3/4 to 573 1/2.  Corn faded 6 1/4 as well, 399 3/4 and brought some new shorts to the table because of options expiration that I can't imagine are very strong.   Rice had a big range to end 8 better, 1860.  Open interest in the front is down to 1300 so there won't be many caught in a squeeze if it develops.  Will be switching to May moving forward in the grains.  Dow held Thursday rally and added 66 points to close the week at 39,189.  Bonds gained a full point, 119.02.