Yearly Change

Corn - 16.50 cents Wheat - 87.75 Beans - 76.50

Soybean Meal - $20.60 Soybean oil - 165

Crude oil - $8.43 US Dollar + 967

Still on the course of deflation

Last week I said imho I like and am long corn and long corn short beans.

Let's see how that did for the week.

CK-5.50 cents SK-11 cents

CN-6 cents SN -12.5 cents

CZ -7 cents SX-12cents

Here are the Jan lows and Feb lows

Jan Feb

CK 373.75 375.75

CN 381.50 383.50

CZ 396.75 398.50

SK 961.75 963

SN 967.00 968

SX 940.00 943

WK 501.75 489.75

WN 507.00 494.50

For the week Wheat was higher on short covering but the Dollar

strength cap the rally. Pressure was on beans cuz of the Dollar

Brazil ratio. Also Brazil in full swing of harvesting. Corn followed

the beans but crude oil was also a head wind.

March 31st BIG report right around the corner.

Watch the rains in the Delta and southeast this week and see if

it dries out. Also see if the plains catch some rain this week, its

dry as the Drought Monitor map shows