Monday

Monday operated like it was in a post holiday cloud, with small corn liquidation by the funds met with little resistance but no one really wanted to push.  Corn wound up off 6 1/2 to close 553 1/4 in what was just a weird trade to me.  Wheat has rumors of a big cash sale, and we are up 7 cents, 618.  Rice quiet yet again, but a 75 lot iceberg buyer  kept a floor under the contract, and we closed up 4 1/2 in the end, 1316.  Beans seemed strong regardless of meal or oil signals inter day and rejected any under $14 talk, 1412 3/4, and solid feeling with a solid close.  Dow chasing records again and closing 33,415, while bonds just lulled around, 155.19.