Corn futures are trading slightly lower at midsession. The market has been choppy this morning, but has slipped lower on strength in the dollar index. Uncertainty about the global economy and the lack of fresh export demand are limiting buying interest. However, losses are being limited by firm cash markets amid light farmer selling so far this fall. December is 2 1/4 cents lower at $6.51 1/4 and March is 1 1/2 cents lower at $6.62 1/4.  

Soybean futures are lower at midday. Futures are being pressured lightly by posting-evening ahead of the weekend and outside market weakness. The dollar index is higher this morning while the stock market is trading lower. Early planting weather in Brazil and Argentina has been generally favorable for soybean planting. Losses are being limited by rumors that China has purchased some U.S. soybeans this week. January is 2 1/4 cents lower at $12.25 and March is 2 1/4 cents lower at $12.25.  

Wheat futures are trading mostly lower at midsession. Strength in the dollar and ideas U.S. wheat will be even less competitive on the export market is weighing on most contracts U.S. wheat has struggled to compete with cheaper Black Sea region wheat. The bulk of U.S. sales have been hard red winter and hard red spring wheat, which is limiting losses at the KCBT and is supporting the MGE. CBOT December is 5 1/2 cents lower at $6.30 1/2, KCBT December is 3 1/2 cents lower at $7.16 1/2 and MGE December is 3 1/2 cents higher at $9.20 1/2.    

Cattle futures are trading mixed at midsession. The December contract is higher on ideas that cash market could be strong again next week. Packer margins are poor, but packers raised bids this week due to tight market ready supplies. Deferred contract have turned lower on profit-taking from gains this week and outside market pressure. The stock market is lower while the dollar index is higher this morning. December is 73 cents higher at $125.23 and February is unchanged at $126.13.

Lean hog futures are trading lower at midday. The $1.04 decline in pork cutouts prices on Thursday. Pork prices have fallen to the lowest level since June. Cash markets have weakened as market ready hog supplies are ample. Packer margins remain decent, although they have tightened recently. Weakness in the stock market and strength in the dollar is also weighing on futures trade. December is 10 cents lower at $86.50 and February is 45 cents lower at $89.30.

Cotton futures are trading higher at midsession. Commercial buying is supporting the market despite strength in the dollar and weakness in the stock market. December is 44 points higher at 98.56 cents and March is 36 points higher at $98.16 cents.