Monday

Quiet weekend so no fireworks in Monday trade as positions are evened up in front of Tuesday WASDE.  Corn off 3/4 to 318 1/2.  Rice gains 7 cents, 1540 as May is about over.  Beans up 4 1/2 to 855, but meal rally couldn't hold.  Wheat off 4 3/4 to 517 1/4.  Plenty of wheat bulls still out there but I am reminded that there is wheat being harvested somewhere in the world every 90 days and there is plenty of bread on the shelves.  Wheat is not a friendly written contract for the bulls either.  Dow off 162 points, 24,124, and bonds drop a point and 6 tics, 178.16.