Corn futures are trading slightly higher at midday. Better than expected weekly export sales and spillover from soybeans are supporting corn prices. Technical resistance just above the market is limiting gains. March is 3/4 of a cent higher at $2.10 3/4 and May is 1/2 of a cent higher at $2.19 1/2.



Soybean futures are higher at midsession. Follow-through technical buying from Wednesday's close and better than expected weekly export sales were supportive factors. Gains are being limited by November Census crush coming in at the low end of expectations. January is 4 cents higher at $6.10 1/2 and March is 3 cents higher at $6.22.



Wheat futures are trading higher at midday. Gains are being attributed to a mild short-covering bounce ahead of the holiday weekend. Weather forecasts for the southern Plains remain dry and crop conditions continue to suffer. CBOT Mar is 1 1/4 cents higher at $3.28 3/4, KCBT Mar is 3 cents higher at $3.74 1/2 and MGE Mar is 1 1/2 cents higher at $3.78 1/2.



Cattle futures are trading lower at midsession. Sharply lower beef prices on Wednesday and profit-taking from recent gains are weighing on the market. Traders are also gearing up for the Cattle on Feed report tomorrow that is expected to be a bearish. February is 60 cents lower at $95.58 and April is 68 cents lower at $93.65.



Lean hog futures are lower at midday. Yesterday's 94 cent drop in pork cutouts and technical selling are weighing on futures. However, front end losses are being limited by ideas of improved cash hog and pork prices after the holidays. February is 3 cents lower at $65.25 and April is 68 cents lower at $93.65.