Corn futures are called steady to 1 cent higher. Overnight trade was 1/4 to 3/4 of a cent higher. Light technical buying is expected ahead of tomorrow's Supply/Demand report. However, generally favorable planting conditions in the Midwest will limit gains. Weekly export sales are expected to fall in the 28-35 million bushel range.



Soybean futures are called 4 to 5 cents higher. Overnight trade was 4 3/4 to 5 3/4 cents higher. We look for some follow-through buying from yesterday's bounce. Traders are expecting USDA to raise their export number and lower carryout in the supply/demand revisions tomorrow. Weekly export sales are expected to be in the within 7 to 18 million bushels.



Wheat futures are called steady to 1 cent higher. Overnight trade was 1/4 to 1/2 of a cent higher. Technical buying has helped the market rally from the recent sharp slide. Few revisions are expected in tomorrow's Supply/Demand report. Weekly export sales are not expected to be much, with expectations ranging from 7-15 million bushels.



Cattle futures are called steady to lower. Spillover selling from yesterday and technical weakness is expected to weigh on prices, but losses may be limited until cash prospects become more clear. Boxed beef prices were 19 cents higher to 97 cents lower.



Lean hog futures are called lower. Follow-through selling is expected from yesterday sharp losses. The ITC ruling will lift the tariff on Canadian hog imports. Also, pork cutouts were 86 cents lower and cash markets are expected to be lower today.