Corn futures ended higher on Tuesday. The market held within a very narrow trading range as prices moved into a quiet pre-holiday trading pattern. The news was relatively light although ideas that China may be forced to curb exports due to tight supplies and high prices remains supportive. December ended 1 1/4 cents higher at $3.61 1/4 and March was 2 1/4 cents higher at $3.77 1/4.

Soybean futures were higher on Tuesday. Spillover support from soybean oil led to some light speculative buying today. Soyoil markets in China are record high due to tightness in world vegetable oil markets. In addition, soybeans are also picking up some support from corn as they fight for acreage next spring. January ended 7 cents higher at $6.74 1/2 and March was 7 cents higher at $6.87.

Wheat futures rallied near the close on Tuesday. Fund buying supported prices late in the session after trading mixed most of day. Declining winter wheat condition ratings and forecasts for more warm and dry weather in the hard red winter wheat belt provided fundamental support. CBOT Mar was 8 cents higher at $5.01 3/4, KCBT Mar is 3 1/2 cents higher at $5.31, and MGE Mar is 3 1/4 cents higher at $5.14 1/4.

Cattle futures closed higher on Tuesday. Trade volume is low ahead of the Thanksgiving holiday, but some strength was generated from firm boxed beef prices and some steady cash business this week. Trade developed at $87-$87.50 in the Plains. December was 45 cents higher at $87.88 and February was 30 cents higher at $90.93. January feeder cattle were $1.10 higher at $98.78.

Lean hog futures closed higher on Tuesday, fueled by more short covering, but also by some improvement in cash prices. Packers' margins have improved significantly, encouraging packers to try to get more hogs. Both cash and futures trading activity is expected to be light on Wednesday as many market participants take some time off for the Thanksgiving Day holiday. December ended 30 cents higher at $62.25 and February was 60 cents higher at $66.55.