Corn futures closed mixed on Wednesday in featureless trade. A late session rally helped pull front end futures slightly higher. There is little news available and trade volume is expected to slow ahead of the holidays. March ended 1/4 of a cent higher at $2.10. May ended 1/4 of a cent higher at $2.19.



Soybean futures ended a choppy session slightly higher on Wednesday. Position evening at the end of the day and a midday rebound in cash bids helped futures close higher. Trade activity is becoming quiet with the holidays fast approaching. January ended 1 1/4 cents higher at $6.06 1/2 and March was 2 1/2 cents higher at $6.19.



Wheat futures closed lower on Wednesday. Losses were attributed to a technical setback from recent gains. The lack of fresh export demand and reports that India will not be importing wheat as had been expected were also bearish factors. CBOT Mar was 1/2 of a cent lower at $3.27 1/2. KCBT Mar fell 3 cents to close at $3.71 1/2. MGE Mar was 2 1/2 cents lower at $3.77.



Live cattle futures closed lower on Wednesday. Futures reversed from early highs to close lower, leaving a key reversal top on the December chart. News of higher cash prices provided early support. However, early strength gave way to profit taking amid ideas that cash prices have probably established a near-term top. February fell 110 points to close at $96.17. April closed 70 points lower at $94.32.



Lean hog futures closed mixed on Wednesday while cash markets showed signs of strength. Trading was light as the holiday weekend and the Hogs and Pigs report approaches. February closed 13 cents higher at $65.28 and April ended 38 cents lower at $67.43.