Corn futures are trading steady to slightly lower at midday. Generally bearish fundamentals and spillover pressure from soybeans are weighing on the market. Cash basis levels are steady to firm on light farmer selling as concentrate on fieldwork. May is steady at $2.04.



Soybean futures are trading lower at midsession. Follow-through weakness from last week initially pressured prices and losses accelerated when the May contract fell below support at $6.08 on the May contract. May is 6 cents lower at $6.06.



Wheat futures are mixed at midday. The market traded lower this morning on continuing the weakness from last Friday and lower soybeans. However, oversold conditions are limiting weakness. CBOT May is 1 1/2 cents higher at $3.11 1/2, KCBT May is 1 cent lower at $3.18 1/2 and MGE is 1/4 of a cent lower at $3.27 1/2.



Cattle futures are mixed at midsession. The market was lower most of the morning, but the front end has pulled slightly higher. Traders will be watching for cash market direction this week. Trade last week was $90-$91. June is 15 cents higher at $83.88.



Lean hog futures are lower at midday except for April, which is being supported by some higher cash bids. Deferreds are lower on profit-taking following the gains posted last week. May is 63 cents lower at $75.60.