Corn futures are trading slightly higher this morning. Light speculative buying ahead of the holidays and year-end is supporting the market. Market activity is expected to remain limited ahead of the noon CT close. March is 4 cents higher at $3.81 3/4 and December is 1 3/4 cents higher at $$3.69 3/4.



Soybean futures are trading higher. Support is being generated from follow-through technical buying and spillover from corn as the crops battle for acreage next spring. January is 6 3/4 cents higher at $6.57 and November is 5 3/4 cents higher at $7.15 1/2.



Wheat futures are higher this morning. Technical strength and end-of-year positioning is supporting prices. The CBOT broke out above the recent range on Thursday. Firm trade in spite of this week's beneficial moisture in the Plains has provided a bullish signal. CBOT Mar is 5 3/4 cents higher at $5.09, KCBT Mar is 1 3/4 cents higher at $5.10, and MGE Mar is 2 1/2 cents higher at $5.11.



Cattle futures are trading mixed this morning. Market activity is limited ahead of the holiday and this afternoon's Cattle on Feed report. The market will close at noon CT today. December is 18 cents lower at $87.13 and February is 3 cents higher at $89.90.



Lean hog futures are mixed so far today. Firm cash prices this week have helped support front end futures although market activity is limited and in pre-holiday mode. Futures premium to cash and lower poor cutouts values are limiting gains. February is 20 cents higher at $62.90 and April is 18 cents higher at $66.23.