Grains look set for a higher start tonight unless something changes to break up an otherwise quiet weekend of news. Another hot, dry weekend in Argentina lends support to the soy outlook while markets attempt sort out the facts about China’s recent interest in buying U.S. corn. Weather is turning friendlier for the moment as better moisture prospects in parts of the U.S. are outweighed by the likelihood of disruption during the early planting season. In the Headlines May corn futures settled 9 1/2 cents lower after rebounding 17 1/2 cents from last week’s low. May soybean futures were down just 1/2-cent for the week. May Chicago wheat fell 13 cents while May KC wheat was down 19 and Minneapolis was down 9 3/4. Russian forces were reportedly close to taking full control of Bakhmut, Ukraine, a city that is important for access into the southeastern Donetsk region. In other news, the Black Sea export deal is still being loosely negotiated. Russian officials have again claimed issue with the agreement in a bid to receive concessions on Western sanctions; however, the deal will be automatically extended if there are no formal exceptions submitted before the renewal deadline on March 18th….
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