Friday

Beans leaked another 3 cents Friday, 1049 1/4.  After Tuesday blip down the hits have been softer and I'm not sure if this is a lulled to sleep break or just a sucker trade.  Holidays make for some pretty goofy spikes.  Corn off 3/4 to 443 3/4 so mostly holding the recent bounce while wheat picks up a couple cents, 509 3/4 and hopefully laying a base.  Rice up another 21 to 978 1/2.  Still a 9 handle so I won't get excited yet, but shorts have to wonder how much the downward push has left when we can bounce this much.  Dow churn close 144 points higher, 48,465 and bonds leak 13 tics, 115.10.