Friday rally. Nice to at least end the week on a plus note. More export sales announced today. Beans and some of them old crop beans. We really need to export a bunch of beans yet this year. More sales on the book and one wonders how it will get done. Still nice to see buyers surface. Now if we could just find some corn buyers. Corn basis was a penny better on the old crop again today. Old crop corn basis is a dime better than 2 weeks ago. New crop basis is up 5 cents. Old crop beans up 3 cents and new crop beans up 4 cents. I would expect to see basis get better yet. At least until we actually see farmer selling. I have not seen the funds list yet. I would expect they bought beans today.
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