Corn futures settled higher on Thursday. Spillover from soybeans and bigger than expected weekly export sales were supportive factors. Fund buying was noted today as traders try to push the market through overhead technical resistance. March ended 2 3/4 cents higher at $2.12 3/4 and May closed 2 1/2 cents higher at $2.21 1/2.



Soybean futures closed higher on Thursday. Follow-through technical buying from yesterday's strong close and better than expected weekly export sales were supportive. Traders remain on edge as weather forecasts for South America are mostly dry. January closed 6 1/4 cents higher at $6.12 3/4 and March ended 6 1/4 cents higher at $6.25 1/4.



Wheat futures ended higher on Thursday. The markets continued their upward trend today. Recent gains have strengthened the technical makeup of the market, turning the near-term trend decisively higher. Weekly export sales were a supportive at 19.2 million bushels. CBOT Mar was up 3 1/4 cents at $3.30 3/4. KCBT Mar gained 4 1/2 cents to close at $3.76. MGE Mar was 3 cents higher at $3.80.



Live cattle futures closed lower on Thursday. Futures remained under downward pressure after establishing a chart reversal Wednesday. A steep decline in the boxed beef cutout values and lowered cash bids contributed to the bearish sentiment. February fell 62 points to close at $95.55. April ended 52 points lower at $93.80.



Lean hog futures closed mostly lower on Thursday in very light trading. Most of the activity was related to traders closing out positions ahead of the holiday weekend and next week's Hogs and Pigs report. February closed unchanged at $66.28 and April was 8 cents higher at $67.50.