Friday

WASDE Friday had a friendly surprise to corn stocks and the market responded with a nice 13 1/4 cent bounce, 469 3/4.  I didn't get anything bullish out of bean numbers, but oil was strong, and beans closed up 10 1/2 to 1219.  Wheat gained 26 cents, 663 1/2 and I believe this wheat rally has global fingerprints.  Rice up 57 cents in a very thin and liquidating July trade, 1936 1/2.  There are times when what we are trading is just a marker and really, we are just trading money.  Most farmers should be out of rice and very few should be trading money.  Dow ends the week up another 106 points, 39,642 and bonds leak 22 tics, 116.02.  Loose money should probably stay in play thru the election.