WASDE dropped Friday and mostly it was a punt. I'd say the same for their world numbers. Market shook off slightly bearish bean numbers with a solid meal bid and beans up 14 3/4 at the end of the day, 1535. Corn up 10 1/2 as well, 639 3/4. Wheat off 4 3/4 cents, 806, but that was in the top end of trade. Decent corn and wheat WASDE report. Rice looked to have some late fund buying, 1715 1/2, plus 7 1/2. More people sniffing around for medium grain, and after the report, I expect that to continue. No real surprises in grain commitments. Dow rock solid, up 414 to close out the week at 33,718, and bonds up 19 tics in a churn trade, 140.19.
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