New month and end of week trade driving all the grains lower Friday, with beans off 50 3/4 to 1509 3/4. Meal and oil hit hard as well. Wheat drops another 38 to 846 and that just seems crazy given the big tender and trade out of Egypt. Rice closes 1642, down 32 1/2 and longs just giving up there as well. Corn drops 9 to 616 1/2. Good weather in the corn belt expected over the weekend. Dow looks lower early but gets a solid bounce to 31,061, up 280 points for the weekend window dressing. Bonds gain 23 tics, 139.11.
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