Monday

Monday a reset trade from Friday's chart painting push down with beans recovering 17 1/2 cents, 956 1/2 and corn up 7 1/2 to 378.  Wheat slipped 1 3/4 to 528 1/4.  Rice got a nice pop up to 1489, plus 31 1/2 and I would expect a range from 1450 to 1510 or so to hold thru the week.  Dow up another 226 points, 41,020 and bonds up 16 tics as well, 124.06.  Fed and the money boys will lay out their plans for the power brokers at Jackson Hole this week so financials could get a little whippy.  Grain trade will get some influences from options expiration this Friday and prep for first notice day.  Looks like we have another few weeks before the next hurricane risk for the delta so let's get that crop to the bin.  Have a good week.