Corn futures are trading strongly lower at midsession. The sharp drop in China's stock market has raised fears of slowing economic growth there. The weakness has spread to the U.S. stock market and commodity markets. Technical selling after the key reversal yesterday is also pressuring prices. March is 10 3/4 cents lower at $4.14 3/4 and December is 6 1/4 cents lower at $4.11 3/4.



Soybean futures are sharply lower at midday along with the other commodity markets. Concern about the sharp drop in China's stock market and a slowing economy there is pressuring U.S. stock and commodity markets. March is 10 1/4 cents lower at $7.68 1/2 and November is 9 1/2 cents lower at $8.22 1/2.



Wheat futures are trading strongly lower at midsession. Technical selling after yesterday's reversal and weakness in outside markets are pressuring futures. With the stock market in China turning sharply lower, U.S. stocks and commodity markets have also turned lower. CBOT Mar is 12 cent lower at $4.71, KCBT Mar is 11 3/4 cents lower at $4.96, and MGE Mar is 10 1/2 cents lower at $5.03 1/2.



Cattle futures are lower at midday. Weakness in the stock market and other commodity markets has spilled over into the cattle pit. After hitting new highs on Monday, the market was vulnerable to a round of profit-taking despite generally supportive cash market fundamentals. April is 63 cents lower at $96.68 and June is 70 cents lower at $95.15.



Lean hog futures are trading lower at midsession. The market is lower on spillover weakness from the stock market and other commodity markets. Losses are being limited by a steady to firm cash market amid favorable packer margins. Pork cutout values were up 50 cents on Monday. April is 18 cents lower at $66.70 and June is 35 cents lower at $76.76.