Corn futures are called 1 cent higher. Overnight trade was 3/4 to 1 1/4 cents higher. The market pushed above technical resistance yesterday. Planting progress has been strong this spring, but as of Sunday was below trade expectations. Rain in the Corn Belt this week will slow progress.



Soybean futures are called 5 to 6 cents higher. Overnight trade was 5 1/2 to 6 cents higher. Bullish momentum is expected to continue on the open. Funds were buyers yesterday and futures have pushed above some technical resistance. Cash basis levels are firm with country movement light as farmers concentrate on fieldwork.



Wheat futures are called 2 to 3 cents higher. Overnight trade was 1 3/4 to 2 3/4 cents higher. Spillover support is expected from corn and soybeans and winter wheat condition ratings were slightly lower last week. The southern Plains are a little dry and recent rains have missed that area.



Cattle futures are called steady to higher. Strength in boxed beef prices and bullish momentum is expected to support the market. Boxed beef prices were $1.30 to $1.56 higher on Tuesday. Cash markets are expected to be better than the mostly $92 trade last week.



Lean hog futures are called steady to higher. Traders are looking for steady to higher cash bids the second half of the week. Packers are becoming more aggressive in their slaughter schedules and will benefit from yesterday's 76 cent jump in cutouts.