Corn futures closed the week with a 1 ½ cent gain, with March posting fractional gains. The national average Cash Corn price was up 3/4 cent at $3.98 1/4. Large managed money speculators reduced their net short position by 20,576 contracts as of February 10, now at a net short of 48,210 contracts. Export Sales data shows corn commitments at 60.805 MMT, up 31% from last year. Mar 26 Corn closed at $4.31 3/4, Nearby Cash was $3.98 1/4, May 26 Corn closed at $4.42, and Jul 26 Corn closed at $4.50.

Read more at Yahoo Finance: Corn Heads into the Long Weekend with Fractional Gains