Friday

Friday beans had march options expiration to keep us pinned, 1601 1/2, plus 9 1/2.  Meal closed lower on the day.  Corn gained 4 1/4 to 654 1/4, but wheat gave up 15 from the highs to end at 797, off a penny.   Surprising given the unrest in the Ukraine.   Rice off a penny, 1490,  in spread roll action and we are now under 1900 total OI in march rice futures.  A bit of fear in the financials to end the week, Dow off 224 points, 34,007, while the bonds gain another point and 2 tics, 153.01.