Monday

Financials stable Monday and the Dow held Friday pop, gaining another 136 points, 53,489.  Monday bonds firm as well, 109.16 close for a 20-tic gain.  I'm more than a little nervous about financial stability so it's good to keep these bonds at least near 110.  Corn up 7 3/4 to 491 1/2 and if we truly are a sub 174 crop there is some more to the upside.  I'm not so sure the crop is that small.  Wheat off the highs but did hold on to a better close, if only 1/4 cent, 681 3/4.  Beans off 9 cents, 1216 and we have flashed a lot of beans in the recent days, but again, if we really are 53.5 or better yield on the acres planted, we have a lot of soy to move.  Rice gives back 14 1/2 cents, 1455, and futures sure are pricey compared to cash.  If there ever was a reason to own storage, you are looking at it.