Friday trade whips in corn with May liquidation of 44,000 contracts on the bear side and China buying to start the day firm. Close off 6 1/4 cents, 793. Wheat just a middle of the range computer churn, 1065 1/2, off 2 1/2. Beans pushed and pulled by products, with meal off $10 and a bid in oil that will probably stick around as long as Indonesia blocks palm exports. 1704 -57 range but settling off 32 1/4 cents, 1716. Looked like a shot a painting the weekly chart and deliveries need to be addressed in 4 trading days. Rice spread roll already winding down as we are down to 1400 contracts of May against 1100 receipts, 1620 1/2, off 2 1/2. Knocking on $7.25 a Bu. Financials provided another sucker punch as the Dow gets whacked for 981 points, 33,728, and bonds pick up 1 measly tic. So much for flight to quality. 140.03.
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