Monday

Month end trade starts firm with export business on several fronts and drought stories to end this years production cycle.  Market couldn't hold early gains as Dec corn faded to 357 3/4, minus 1 1/2.  Dec wheat did get a 3 1/2 cent pop to 552 1/4, while Nov beans kept 3 cents of the early rally to close 953 1/2.   Nov rice closed 8 1/2 higher, 1235 1/2 and the best production ideas for rice are clearly in the rear view mirror as farmers assess damage from the hurricane.  All for all a disappointing grain trade given what most expected as we roll away from Sept Ag futures on to Nov and DEC.   Sept Dow off 195 points to 28,416 in more market churn, while Dec bonds pick up 30 tics, 175.23