Corn futures are called 6 to 8 cents higher. Overnight trade was 5 3/4 to 7 cents higher. Outside markets are expected to be friendly for the grains, with crude oil higher and the dollar lower. Spillover support from soybeans following the announcement Friday of the Argentine farmers strike should also push prices higher.

Soybean futures are called 26 to 39 cents higher. Overnight trade was 21 3/4 to 29 cents higher. News Friday that Argentine farmers are going on a 7-day strike sent futures rallying overnight, and should continue into the open. Currently the U.S. soybean market is faced with tighter stocks than USDA has estimated, and today's weekly inspections are expected to continue to show a strong export pace.

Wheat futures are called 8 to 11 cents higher. Overnight trade was 7 to 12 3/4 cents higher. Spillover support from soybeans and the pullback in the dollar should help carry wheat higher. Forecasts for warmer temperatures and lower precipitation across the Southern Plains are also bullish for new-crop contracts.

Cattle futures are called higher. Friday's Cattle on Feed Report was supportive of the market, showing a considerable drop in cattle over 800 pounds. This is friendly for prices as we enter the grilling season. However, processors are still in the red and we could see a cutback in slaughter, hurting the cash market.

Lean hog futures are called lower. Heavy selling late last week is expected to carry over into the market today. Frozen pork stocks were the largest ever for February, the highest in nearly 10 years. Carcass cutout plunged $2.07 on Friday to $58.73, which should encourage packers to increase slaughter.