The wheat complex was in rally mode to round out the week. Chicago SRW futures posted 13 to 14 cent gains at the close, with March up 24 ¾ cents on the week. KC HRW futures were 6 to 9 cents higher on Friday, as March rallied 29 ¾ cents this week. MPLS spring wheat was 4 to 5 ½ cents in the green at the close, with the March rally at 15 ½ cents for the week. Export sales data from this morning showed 287,974 MT of wheat sold in the week of 2/12. That was down 40.99% from last week and a 45.94% drop from ...

Corn: Like most of the Grains sector, the corn market was in the red to start the day, week, and month. The March issue (ZCH26) posted a 3.75-cent trading range, all of it unchanged or lower, on an uptick in trade volume of 26,000 contracts and was sitting 1.75 cents lower at this writing. A look back at last Friday and we see March closed 2.5 cents lower after dropping as much as 5.5 cents over the course of the session. Recall, though, the carry in both the March-May and May-July futures spreads weakened ...