Corn futures ended strongly higher on Tuesday. Futures rallied to a six-week high trying to keep pace with sharply higher wheat and soybean markets. Technical buying extended gains once technical resistance was broken. March ended 7 1/2 cents higher at $2.07 1/2.



Soybean futures closed sharply higher today. Strength in the wheat market and aggressive technical buying by the funds supported the market. Weakness in the U.S. dollar and dry weather forecasts for southern Brazil were supportive fundamental factors. March ended 24 1/2 cents higher at $5.77.



Wheat futures closed strongly higher. Weakness in the dollar led to a wave of fund buying that pushed prices strongly higher despite disappointing weekend export news when Egypt bought wheat from France. CBOT Mar was 7 1/2 cents higher at $2.07 1/2, KCBT Mar was 17 1/2 cents higher at $3.48 and MGE Mar ended 19 1/2 cents higher at $3.53.



Cattle futures ended mixed on Tuesday. Deferred contracts were initially supported by last week's Cattle on Feed report, but profit-taking trimmed gains and pushed some contract lower ahead of the close. April was 10 points higher at $85.45.



Lean hog futures ended higher on the day. Higher cash hog prices today and talk of strong pork exports helped support the market. However, gains were limited by futures premium to cash. April ended 68 points higher at $73.55.