First intentions drove Monday trade in rice and beans with rice off 11 1/2 to 1610 and beans drop 14 1/2 cents, 1282 3/4. Rice open interest under 1000 in Nov but there were no deliveries. We got new receipts registered for the beans and that was at 70% of carry. 566 wheat was off 9 1/2 and corn slipped 2 1/2 to 478 1/4. Just a tired trade in the grain room overall with few bulls and little new feed. Dow rocked up 513 points, 33,017 after a quiet weekend on the war front and the final 2 days of last week selloff. Bonds off 7 tics, 109.09.
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