Corn futures are trading narrowly mixed at midday. The bearish market fundamentals continue to limit rally attempts after small technical buying gains were posted the past two sessions. March is trading 1/2 of a cent lower at $1.97 1/4.



Soybean futures are mostly lower at midsession. The market has recently been underpinned by firm Gulf basis levels, but those appear to be softening. The market is waiting for confirmation of rumored sales to China this week. March is 1 3/4 cents lower at $5.21 1/2.



Wheat futures are higher at midday. Optimism for improved demand is supporting the market.k Overnight export business was reported with South Korea and Japan. CBOT Mar is 1 1/2 cents higher at $2.96 1/4, KCBT Mar is 1 1/2 cents higher at $3.36 1/4 and MGE Mar is 3 3/4 cents higher at $3.46 3/4.



Cattle futures are trading mixed at midday. Weaker beef prices yesterday and ideas that cash trade could slip a little from last week are weighing slightly on the nearby. However, trade is expected remains choppy ahead of the Cattle on Feed report due out this afternoon. February is 13 cents lower at $89.40.



Lean hog futures are higher at midsession as the market corrects some from yesterday's sharp losses. Cash markets are mostly at this morning, but some look for higher prices early next week. February is trading 120 points higher at $75.55.