Corn Market - The corn market experienced a slight increase, attributed mainly to spillover buying from soybeans rather than the US's potential oil deal with Venezuela [1] - The March corn contract (ZCH26) had a trading range of 1.75 cents overnight, closing 1.25 cents higher after a previous day drop of 0.5 cents [1] - The National Corn Index was near $4.0750, indicating a firming national average basis, with the latest calculation at 36.5 cents under March futures [1] Soybean Market - The soybean market saw a notable increase, with the March soybean contract (ZSH26) up 9.0 cents (0.85%) after a rally of 12.25 cents overnight [3] - The Commitments of Traders report indicated a decrease in noncommercial net-long futures position by 35,970 contracts, totaling 121,810 contracts [3] - The National Soybean Index showed a firming basis, suggesting an uptick in immediate-term demand [3] Wheat Market - The wheat market was quietly higher, with the March HRW contract (KEH26) up 2.75 cents on low trade volume of about 1,800 contracts [4] - The national average basis calculation improved to 64.5 cents under March futures, a significant change from the previous week [4] - The March-May spread decreased from a carry of 13.25 cents to 11.75 cents, indicating a shift in market dynamics [4]