Monday trade starts firm in the grain room with soy leading the way, but ultimately faded a dime off the highs, 1155, plus 3 3/4. Corn gained 5 1/4 to 430 after testing resistance near 434. Wheat looked at new lows and recovered to 564, up 6 1/4 and closing better than most of the day's action would have implied. Rice gave back Friday big rally, 1833 1/2, minus 27 1/2. Dow off 120 points, 39,022. Will be using June in bonds moving forward but the spread is even, so numbers don't change, 119.19, off 14.
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