Grains end the week positive

Corn ended positive for the week. The news flow was mixed/positive overall during this period. Traders had been a little concern by Thursday's push to new contract highs then failure to hold them. Today's close though, will ease some of those concerns. The March contract ended the week with 29 1/4 cent gains. Though Friday was not a new contract high it was a new high-close. It was also just 11 3/4 from yesterday's peak. On top of these good data points, so far the market has shown no interest in filling that gap left to the downside from Monday.

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