Corn futures are trading steady to fractionally higher at midsession. Prices are hovering above contract lows with some support from a weaker dollar that should help export demand. However, gains are limited by the strong pace of planting. July is 1/4 of cent higher at $2.06 1/4.

Soybean futures are mixed at midday. Old-crop contracts are higher on support from firm cash basis levels and commercial stopping of deliveries against the May contract. However, new-crop months are lower due to the favorable planting conditions this week. July is 2 1/2 cents higher at $6.27.

Wheat futures are trading slightly lower at midsession. Market sentiment remains bearish with expectations for good winter wheat yields and favorable spring wheat planting progress. Losses are being limited by ideas weakness in the dollar may help export demand. CBOT July is 1 cent lower at $3.16 1/4, KCBT July is 3/4 of a cent lower at $3.18 and MGE July is 3/4 of a cent lower at $3.34.

Cattle futures are trading higher at midday. Futures opened mostly lower on the weaker cash trade this week. However, prices have bounced amid some short-covering and futures discount to the cash market. June is trading 50 cents higher at $85.43.

Lean hog futures are mostly lower at midasesion. Profit-taking and the lack of buying interest is weighing on futures despite firm cash markets. However, firm cash bids and the recent rally in cutouts have held the June contract up. Jun is 5 cents higher at $76.88 and July is 43 cents lower at $77.80.