Friday trade a dog in the grain room, with corn off 14 1/2 to 684 1/2. Corn had a range as high as 703 down to 673. Oats off 7 and seem to be rejecting $4. Wheat off 3 to 680 3/4, but better Russian wheat forecast. That can be a longer term drag. Rice off 8 to 1285 but Sept is now top step and the spread went bid. Beans got ugly, 1508 1/2, down 35 1/2 with oil falling hard and meal stable, but this has been an oil lead rally and an oil lead break. Dow up a single point, 34,462 after a 300 point churn. Bonds off 3 tics, 159.07.
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