Corn futures are called 2 to 3 cents higher. Overnight trade was 1 3/4 to 3 1/4 cents higher. The market is expected to continue to draw support from forecasts out last week calling for the El Nino pattern to shift to La Nina, which would indicate a dry weather pattern in the Midwest this summer. Also, demand remains strong with the big weekly export sales totals reported last week.



Soybean futures are called 2 to 3 cents higher. Overnight trade was 2 1/4 to 4 1/2 cents higher. Bullish momentum and technical strength are expected to support the market. Ideas of a significant drop in acreage this spring and the forecasts out last week indicating a drier than normal summer weather pattern will also be supportive factors.



Wheat futures are called 1 to 2 cents lower. Overnight CBOT trade was 1/2 to 3 cents lower and the KCBT was steady to 4 cents lower. Some light profit-taking from Friday's gains are expected on the open. However, the positive technical close and calls for firm corn prices will limit weakness. The lack of premium of wheat to corn and ideas of a cut in spring wheat acreage will be underlying supportive factors.



Cattle futures are called steady to mixed. Cash trade volume was light last week, with trade at mostly $90-91 falling below the what the market was looking for. However, there is optimism for firm trade this week. Declining beef prices and improved weather in the Plains will limit strength in the futures market.



Lean hog futures are called steady to mixed. Improved weather should increase marketings this week, although weights indicate hogs were not being backed up much. Cash markets are called steady to firm this morning. Packer margins are favorable, although bids may be limited following the 66 cent drop in cutouts on Friday.