-Alexander Frolov, head of the Russian Federal Hydrometeorology service Roshydromet said to Bloomberg that Russian soil moisture was "sufficient" before spring sowing and winter crops were in better conditions than last year.
-On Friday the CFTC released its "Commitment of Traders" report. Traders increased their long positions in corn and soybean and reducued their short positions in wheat.
-Today is the last trading day for the March 12 expiry on the MATIF milling wheat futures (Euronext/Liffe Paris). The May 12 contract becomes the front-month contract.