Friday

Pretty boring Friday, with corn up 1 3/4  to  319 1/4 and beans up 1 1/2 to 838 1/2.  Wheat slips 2 cents, 500 1/4.  Rice up another 9 to 1601 1/2 with the spec long leading the way.  He has about a week before the calendar starts getting in his way, so take notice on the long side.  Dow off 17 points in churn trade, 23,517, and bonds off 22 tics, 180.30.  Funds are getting a pretty big corn short position in commitments, and added to longs in beans.  Managed money is the big long in rice.