Monday

Monday action pretty muted coming off one of the early harvest weekends of pressure.  Lows were placed early, as we should expect on Mondays, and a small bounce, but really not much considering what is going around the world as far as demand.   Corn off 4 1/4 to 513 1/4, following wheat, off another 1 1/2 cents, 687.  Shocking how far they have pushed wheat down.  Beans off 1 3/4 to 1284 3/4 even with meal finding a bid and oil in low pricing area as far as bio demand.  Rice up 7 cents, 13.55 and a short fund might be getting nervous.  Switching to Dec in the financials moving forward, Dow up 263 is a churn bounce, 34,754, and bonds pick up 14 tics, 163.05.  Would expect over time for them to go back and test the 165 area, but I'm no bull.