Friday

Friday strong with the grain room pricing a drier forecast and funds moving from short to long.  Wheat up 26 1/2 to 688 and corn picks up 17 cents, 640 1/4.  Beans get a 38 1/4 pop, 1466 1/2.  Meal finally found its feet.  Hope its more than  a one day occurrence.   Rice gains 5 1/2 to 1779 1/2 and options will have an outsized effect on July rice all next week so be cautious or be out.  Dow gives back 120 points of the solid Thursday rally, 34,604 and bonds slip 14 tics, 127.11.