Friday

Decent open in the grain room Friday but no real follow thru and we leaked to lower on the day.  Corn off 1 3/4 to 382 3/4, just off the day's lows.  Same story in wheat, 514 1/2, minus 3 3/4.  Bean oil still slipping, waiting on more confirmation from the EPA and beans off 6 1/4 cents, 967 3/4.  Rice short still working on the unwind and he has a long way to go in the next two weeks. 1272, up 1 1/2 and open interest still over 9800 September futures.  Just another churn in the Dow, 44,278, plus 198 and recovering Thursday break.  Bonds off 17 tics, 115 even.