Monday

Monday a bit of a risk off financial trade even though nothing big happened over the weekend.  More rains than expected in SA putting pressure on the beans.  Meal and oil a bit softer as beans drop 23 3/4 to 1244.  Must have been one heck of a rain.  Corn off a nickel, but still 585.  Rice off a nickel as well and it looked like the seller threw some more positions at the market hoping the end of the year gets some to leave the show, giving him a way out.  1377 1/2.  Wheat gets a 3 1/2 cent bounce to 788 3/4 as the recent big drop has stabilized and new business is stirring up the European markets a bit. March Dow off 332 to 35,543 and march bonds gain a point and 5 tics, 162.15.