Friday

Friday trade in the financials out of steam and pretty much flat settles as we just try to hold the rally to digest for the weekend.  The thing to learn about this for grains is just to understand how these systems we are competing with work.  Meal might have finally rolled over and soy dropped 20 cents, 1340 1/2.  Corn off 7 3/4 to 467 and wheat slips 2 3/4 to 550 3/4.  Our rice bull system is still at it adding 326 open interest and 15 1/2 cents, 1740 1/2.  Commitments had a big shift with commercials ringing the register and funds deeper in the hole.  Now we just watch how hard they want to push and watch for cracks.