Friday

Financials a bit shaky in front of the weekend  with the Dow weak thru the day and off 372 points at the close, 32,504.  Not a good close.  Bonds off 12 tics, 109.16.  Meal was the lead in the grain room again with a 13 buck pop leading soy up 17 3/4 cents, 1297 1/2.  Rice off 3 in the front, 1621 1/2 and the spread is even.  Options are gone in Nov beans and rice so expect those markets to act differently next week, especially in the Nov with first intentions on Mondays close, so you need to be out of Nov positions by Mondays end.  Corn up 1 1/2 to 480 3/4 and wheat slips 4 to 575 1/2.  It just seems hard to believe there are food shortages when wheat is 575.