Friday a bit of curious trade as corn drops 2 1/4 to 538 3/4 after trading 546. Can't really see too much to justify the trade other than weekend weather vs digesting the governments ideas of CO vs the general populaces. Rice off 8 cents, 1281 and mostly just churn trade to get the roll done. Beans a dime off the low, 1372, plus 4 1/2, and that's with weak meal all day long. Wheat picks up 3 1/4 to 636 3/4 with new shorts buying their way out and a 10K drop in OI. Dow has a small 200 point range, mostly lower, but like clockwork rallies late to 38 higher, 31,397. Bonds off a point and 3 tics in its continual lower march, 166.05. Big boats take a long time to turn, and this boat keeps on turning.
Comments are closed.