Austin Schroeder at Barchart.com said, “Corn price action is down 2 to 4 cents so far on Monday morning. Futures rounded out the Friday session with contracts steady in some deferreds to 4 ¾ cents higher in the front months as March expired. Preliminary open interest was up 19,008 contracts on Friday. May closed the week with a 6 ¾ cent gain from on the week.” The Hightower Report said, “Energies are slightly lower this morning, but we see a major pullback in corn as unlikely with the key crop weather timeframe ahead and U.S. prices still competitive. A near-term pullback cannot be rules out but funds are likely to be ready to defend their position on weakness.”