Monday

After what is expected to be a mild weather week this week, Monday weather forecasters have next week going back to a hot a dry cycle.  Funds have wound down most of their long position and are not set up for a grain rally at this point, with negligible positions in rice in wheat and under 100K long beans, maybe 120K long corn.  For big money boys, these are small positions.  Beans pop 38 1/2 to 1473.  Corn up 15 3/4 to 580 and a 770 wheat close gains 11.  Another quiet day in rice, 1693, plus 6 1/2.  Pretty dull Dow day, 31,967, plus 92, and bonds give back 21 tics from lofty levels, 141.13.