Corn futures are called steady to mixed. Overnight trade was steady to 1/4 of a cent higher. The market pushed above overhead resistance on Thursday. Technical strength and recently strong export demand will be supportive. However, the market is expected to be fairly quiet today as traders prepare for the holiday weekend.



Soybean futures are steady to 1 cent lower. Overnight trade was steady to 1 1/2 cents lower. We look for light technical selling on the open following yesterday's gains. Market activity is expected to be limited as traders will be evening positions ahead of the holiday weekend.



Wheat futures are called steady to mixed. Overnight trade was steady to 1/2 of a cent lower. Fund short-covering at the CBOT and fundamental support at the KCBT helped push prices higher. That support could continue today, but we expect some choppy trade as market participants prepare for the extended holiday weekend.



Cattle futures are called steady to mixed. Futures have pulled back the last few days on profit-taking, lower boxed beef prices and ideas the cash market has topped. We look for choppy trade today ahead of the holidays and the Cattle on Feed report due out this afternoon.



Lean hog futures are called steady to mixed in light trade. Cash and futures market activity will slow ahead of the holiday weekend. Pork cutouts were up 63 cents yesterday, gaining back a good portion of the previous days losses. Packer margins remain positive.