Corn futures are trading higher at midday. Better than expected weekly export sales are supporting the market. Basis levels are mostly steady, underpinned by slow farmer selling. March is 1 3/4 cents higher at $1.98 3/4.



Soybean futures are moderately higher at midsession. Weekly export sales released this morning were above pre-report expectation thanks to continued strong buying from China. March is up 5 cents at $5.21 3/4.



Wheat futures are trading higher this morning. Firm corn and soybean prices along with better than expected weekly export sales are supporting the market. CBOT Mar is 2 cents higher at $2.97 3/4, KCBT Mar is 1/4 cents higher at $3.33 1/2 and MGE Mar is 2 cents higher at $3.46 3/4.



Cattle futures are lower at midsession with Friday's bearish Cattle on Feed report and lower beef prices weighing on the market. Cash cattle traded late on Friday at mostly $90, down $2 from the previous week and lower boxed beef prices are weighing on packer margins. February is 58 cents lower at $88.70.



Lean hog futures are trading lower at midday. Weak pork cutout prices on Friday and expectations for a large increase in pork stocks in this afternoon's Cold Storage report is weighing on the market. February is 73 cents lower at $75.15.