Corn futures are narrowly mixed at midday in a choppy trading session. Fund short-covering late in the session supported prices yesterday, which encouraged increased farmer selling that has limited prices today. March is 3/4 of a cent lower at $2.08.



Soybean futures are trading moderately higher at midsession. Followthrough short-covering from yesterday's late session rally is supporting futures. Otherwise, fundamental news remains limited. March is 6 1/2 cents higher at $5.39.



Wheat futures are trading mixed at midday. Follow-through buying following from yesterday's late rally has been countered by profit-taking on the bounce and some weakness in corn this morning. CBOT Mar is 3/4 of a cent higher at $3.09, KCBT Mar is 1/4 of a cent lower at $3.42 1/4 and MGE Mar is steady at $3.45.



Cattle futures are trading higher this morning, supported by fund buying and firm beef prices. Active cash trade at mostly $88 this week was supportive given the poor packer margins. February is 75 cents higher at $89.10.



Lean hog futures are trading steady to lower at midday. Ideas that cash markets will struggle next week with backed up hog marketings are weighing on futures. However, losses are being limited by yesterday's $1.09 jump in cutout prices. February is steady at $75.80.