Friday

Friday grain room bid with some of the rains disappointing and globally there are some pretty significant weather issues as well.  Corn up 13 to 506 1/2 and wheat gains 21 3/4 to 661 1/2.  Short covering and the Russia corridor are probably the biggest drivers for both.  Soy taking a rest, 1399 3/4, plus 3/4 with $14 attracting some pricing I'm sure.  July rice went off weak with only 17 contracts to fulfill but Sept continued the rally, 1548 1/2, plus 24.  Dow up 88 points in an uneventful trade, 34,678 and bonds slip 18 tics, 126.14.