Friday

Friday brings the first day of a new month and the last day of a week led by a dynamic financial market with nearly a 1000 point rally in the Dow, 36,303 for an additional 293 point gain to close out the week.  118.05 bonds up a point and 23 tics Friday but obviously less conviction in the deep pool.  Recent Meal trade has suffered nearly $50 of losses from an unsustainable high level back down to a level that should breed new sales.  Soy closes out Friday 17 3/4 lower, 1325 but only down a nickel on a choppy week.  Rice off 16 to 1718 1/2.  Rice will go next where the funds decide to push.  They are in control of the open interest and volume, which can be a double edged sword.  March corn up a couple, 484 3/4 and March wheat up 4 3/4 to 602 3/4.