Friday

As we ramp up harvest in a bigger footprint, I think people are a little tepid to go home long over a weekend, and this will be the case for the next month, so keep that in mind when you are making decisions Thursdays with export sales and Fridays, as well as be aware of possible excessive early Monday hedge pressure.  It's just the season, and if that trade is already in your mind, it's easier to digest.  Corn slipped 4 Friday to 401 3/4 on a 15K gain in open interest.  Beans off a penny and a quarter, 1012 and wheat got a 3 cent up move, 568 1/2.  Rice gained 3 1/2 to 1555 1/2 as well.  A bit of a dress to a pretty quiet day in the Dow to get near unchanged, 42,443, off 4 points and the bonds gained 4 tics, 125.08.