Monday

Monday trade soft in the grain room with China on break and Indonesia walking back some of the palm oil export restrictions.  No surprise there, but bean oil taking a big hit and beans off 39 1/2 cents in July futures, 1645 1/4.  July in all the Ag futures moving forward, with wheat in a big churn range but settles 1055 1/2, off 1/4.  Corn drops a dime but still 803 1/2.  Rice off 31 and herded into quiet bids, 1716 1/2.  Dow has 800 points of churn, most of it late, 32,980, up 98 at the end.  Got to love the big-time window dressing.  The big money boys aren't even shy about it right now.  Bonds off a point and 19 tics, 139.03, and if we don't get a fall recession, headed still much lower.