Monday

Monday post Christmas brought a fund driven buying binge pretty much everywhere they thought they could push.  Dow up 346 points, 36,178, while bonds gained 9 tics to 160.24 as well.  Beans ripped for 30 1/2 to the upside, 1362 1/2 and corn gained 9 more, 614 3/4.  Markets are end of year thin and the funny money boys need their year end bonus marks.  Thursday is first intentions for the January contracts, and Friday is year end for the bonus cash.   Rice up 29 as a short term bear appears to have wasted a million dollars or so in a week, 1434.  Wheat surprisingly drops 10 3/4 to 804.  This Iraq wheat tender better land in America after the first of the year.