Corn futures are called 1 to 2 cents higher. Overnight trade at 6:45 am CT was 1 to 2 1/4 cents higher. Choppy trade is expected today ahead of the weekend as the market looks for market moving news. Hopes that the European debt situation will be resolved have given outside markets support recently, but uncertainty could limit buying interest ahead of the weekend. Outside markets will be influenced by employment data due out today. Firm cash basis levels have been supportive as farmer selling has been light.

Soybean futures are called 1 to 2 cents higher. Overnight trade at 6:45 am CT was 1 1/2 to 1 3/4 cents higher. The market is expected to open slightly higher, but could trade mixed today. Outside markets have heavily influenced trade recently, but were subdued overnight. Financial markets could be influenced by the October employment numbers due out today. Buying interest is expected to be limited by sluggish export demand. Export sales last week were a four month low due to limited buying from China.

Wheat futures are called 1 to 3 cents higher. Overnight trade at 6:45 am CT was 1/2 to 1 1/2 cents higher at the CBOT, 3 to 4 cents higher at the KCBT and 6 cents higher at the MGE. Consolidation trade is providing light support to wheat, but gains are being limited by outside market uncertainty. Weakness in the dollar index was supportive on Thursday, but small gains were posted overnight. U.S. wheat has struggled to compete with cheaper Black Sea region wheat. The bulk of U.S. sales have been hard red winter and hard red spring wheat, which will be supportive for the KCBT and MGE.

Cattle futures are called steady to mixed. Strength in the cash market supportive futures this week, but choppy consolidation trade is expected today. Packer margins are poor and boxed beef prices have been mixed this week. However, tight supplies of market ready cattle could still support cash trade next week or at least limit losses. Outside markets could also influence futures. October employment numbers to be released today could give some indication of beef demand.

Lean hog futures are called steady to mixed. Cash fundamentals have turned bearish this week as pork cutouts decline and as market ready hog supplies are ample. Pork cutouts were $1.04 lower on Thursday. However, end of the week positioning and the lack of direction from outside market could leave futures trade choppy today.