Friday

Markets showed they were tired of the down fund push Thursday, and it didn't take much for a Friday bounce.  Short fund covering in corn was good for 13 1/4 cent bounce in July futures, 604 close.   616 wheat was a 11 3/4 cent up move.  Beans gained 13 1/4 to 1337 1/4.  Heat and dry is already a story.  Rice bear couldn't defend, and we moved up 47 in the front, 1707.  Thats some quick in and out fund action across the grain floor this week.  Bonds up a couple tics, 125.20 and the Dow popped 319 points, 33,125.  There was plenty of room in the churn for that action after the downward push trade all week.