Friday

Interesting trade Friday with great weather currently and forecast, reasonable but not thru the roof sales to china, and some of the bigger advisors recommending moving the rest of farmer cash.  Still, Corn only gives up a quarter cent, 317.  Spot oats gain 17 cents, 329.  Peas in Canada are starting to get a squeeze on I'm told, but that's not really in my wheelhouse.  Makes me think how a trap is being set.  Beans off 4 1/4 to 865, still well above the 850 number that not too long ago was an upside target.  And that is with meal giving up another 3 bucks.   Corn acres will be down Tuesday, and bean acres will be up, question is how much.   Wheat off 12 3/4 to 474, but we lost our favor with wheat some time ago.  Still a buck forty above corn too.  Sept rice off 1 1/2 to 1237, but some funny stuff in July OI.  I expect rice acres Tuesday to be up, but if someone pulls a July squeeze that might take the headlines, and after all the futures monkey business, spot rice is where we marketed a solid piece  of our year.  Dow has another 800 point range, almost all to the negative Friday as we close 646 lower, 24,950, while bonds rally 28 tics to 179.03.