Monday

Monday trade lead by solid wheat bids, and wheat up 13 1/4 to close 664.  EU total grain supplies, or lack thereof, finally getting some notice.  Corn up 8 1/4 to 551.  Corn OI off 15K to erase the gains in OI Friday.    Meal still a drag to beans although it seemed to be putting in a floor trade, but beans still up 6 1/2 cents, 1383 3/4.  If beans are going to set back going into deliveries, they better hurry up.  Rice gains a couple with big spread roll and Open interest down to 1k, mostly done.  1289.  Dow puts in a 400 point range, mostly lower, but closes 33 higher, 31,466. Its like they are programing you to buy every midday dip or something like that.  When it gets easy to see, be careful what you are looking at.   Bonds off another 23 tic, 162.12, another low close.  This is happening as every talking head on TV wants you to believe interest rates will stay low for the foreseeable future.