Corn futures ended fractionally higher on Friday. Technical buying was supportive most of the day, but the market remained rangebound. Gains were trimmed late in the session. Cool and wet weather in the eastern Corn Belt will slow planting progress into next week. July ended 1/2 of a cent higher at $2.13 1/2.



Soybean futures closed slightly higher on Friday, but gains were trimmed near the close. Technical buying and ideas that a stronger Chinese currency could improve their demand was supportive. But funds took some profits near the close, trimming gains late in the session. July ended 1 cents higher at $6.26 1/4.



Wheat futures were mixed on Friday closing on a weak note after trading higher most of the day on concerns about the risk of a weekend freeze in the Plains. However, the market sold off sharply just before the close to give back the early gains. CBOT Jul was down 1 1/4 cents to close at $3.26. KCBT Jul was 3/4 cent lower at $3.31 3/4. MGE Jul was a penny higher at $3.45.



Cattle futures were higher on the close Friday. With the exception of the expiring April contract, gains were small. Traders stayed on the sidelines as the cash market standoff in the southern Plains continued through the futures trading session. June futures closed 2 points higher at $85.62.



Lean hog futures closed higher on Friday with sizable gains in most months. Prices were supported by higher cash bids and by short-covering ahead of the weekend. The improvement in cash hogs continues, but cutout values aren't keeping pace. June gained 75 cents and closed at $77.45.