Friday

Friday trade trying to get ahead of a big harvest weekend with beans ultimately getting hit for 18 3/4 cents, 970.  Corn had some sizable export sales, especially to Mexico which dampens the risk of excess fund selling and the funds had already sold another 63K into new shorts by last Tuesday.  Corn off 2 pennies, 404 3/4.  Surprised at the weakness in Wheat, 572 3/4, off 16 3/4 for the day, but if you look at closes thru the week, we only traded a 17-cent churn.  Sometimes. especially on Fridays when the trading week is done it is beneficial to step back and just review what the computers really did vs what it feels like they did.  Short started his spread roll in rice but other than that the market is stalled, $15 even, plus 1/2 cent.  Dow weak thru the day but dressed up to paint the weeks close, 43,518, plus 7 points while bonds recover 8 tics, 120.08.