Friday

Solid recovery in most grains from the computer selling Thursday brought, as they couldn't get anymore sellers to play along.    More china corn sales and corn bounces 11 1/4 to 557 3/4.  Meal gets footing and gains $9, while beans are up 24 cents on the day, 1416 1/4.  Rice gets a nice 11 1/2 cent bounce to 1314 1/2 and at least one of my indicators is getting friendly.  I can make a case for dull rice trade thru the summer, but I can also make a case for a 50-70 cent bounce.  Wheat off 3 1/2 to 627 in a nothing day.  Dow backs up to close the week 32,503, off 262 and bonds look higher but fade to only 3 tics better on the day, 154.03, over a full point off the highs.