Monday

Nothing crazy over the weekend so Monday brought follow thru strength in the Dow, up another 422 points, 31,545, while bonds slip another 26 tics, 118.10.  That loose money didn't spill over to the grain room with beans off 23 1/2 cents, 1372.  Hearing big numbers shipped to PNW via rail in soy complex, so that break was a bit harsh.  That said, you can bet there will be deliveries next Monday on the November soy contract and with the river down, who wants to write that check.  Lots of November soy longs just selling out.   Wheat off a dozen and news out of Ukraine isn't bearish as to the terrible expected planting of winter wheat.  838 3/4 and I'm not in any hurry to push wheat down from here..  Corn off 2 3/4 to 681 1/2.  Rice bear hits again building another 150 new shorts but Nov open interest down to 2100 already, so we should get a cleaner read by Thursday.  1623 1/2, off 12 1/2.