Austin Schroeder at Barchart.com said, “Corn price action is up 3 to 4 cents in the front months on Monday AM trade. Futures closed out the Friday session with contracts down 1 ¼ to 3 ¾ cents at the close. May settled Friday, with the weekly loss at 11 ¼ cents, as December fell 9 cents on the week. Open interest was up 5,369 contracts on Friday.” Mark Soderberg at ADM Investor Services said, “APK Inform lowered Ukraine’s production forecast to 31.5 mmt and expect exports will reach 25 mmt. Conab will update their Brazilian production forecast tomorrow. The Ave. est. at 140 mmt is up nearly 2 mmt and well above the USDA forecast of 132 mmt.”