Friday

Ugly grain trade to end the week Friday with bean oil taking it on the chin and beans off 32 1/2 cents, 1042.  Wheat down 14 1/4 to 523 1/2 and corn drops 11 1/2 to 394 1/2.  Rice short still getting squeezed out, 1523 1/2, plus 22 1/2 and it seems we have gotten back up to a price that attracts naked call selling.  Fresh risk money in the financials with Dow up 639 points, 40,831 and bonds up 23 tics, 119.11.  I expect weather to have a bigger impact next week if we get any uncertainty midweek.  Seems like we are overextended down here.