Monday

Nothing severe over the weekend allowed for a relief rally in the financials with the Dow gaining 209 points, 34,146 and bonds up 10 tics, 124.02.  Corn bounced a nickel to 492 1/4 and Dec is hovering around 5 bucks running into the WASDE report on Wednesday.  Wheat slipped 3 1/4 to 646 1/4 while beans popped 27 cents, 1365 3/4.  I think corn and beans are trying to get fairly priced going into what could be one of the more volatile WASDE reports of the year.  Rice off 10 1/2 to 1489 1/2 with the computer trying to push the chart down enough to get fund longs selling.  July strong and looking for cash.