Monday corn off 5 3/4 to close 546 3/4, giving back Friday gains. looked like it might be worse, but wheat found a footing and bounced nearly a dime to 616 3/4, up 3 1/2 on the day. Beans were off 7 1/2 cents, 1393, with meal again a dog and bean oil finding a bid to get 48 higher. I get the oil story, but cheap meal, big feeder prices, and a hog setback in pricing that doesn't seem to want to occur, and I have to believe that at some point we are going to realize that there isn't enough meal to get us to new crop without rationing. Off my soapbox. Rice up 18 to 1326 1/2 on another nothing day. 10-20 cents is nothing in rice futures these days, but the cash guys seem pretty well set in their ways, at least for now. Dow looked a couple hundred lower but then wanted new highs and closed up 78 points, 33.032. Bonds rolled over, again, and dumped a point and 6 tics with not too much effort. 154.25.
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