Grain and soybeans favored the downside overnight although soybeans recovered on the open. Hog futures are under heavy pressure with cattle futures slightly lower.
Corn soybean and spring wheat futures are mildly higher this morning. Cattle futures are mostly weaker with hog futures off to a firmer start to the week.
Corn and soybeans were mildly firmer overnight on positioning ahead of USDA's July crop reports at 11 a.m. CT. Weekend rains were ample across all but northern locations of the Midwest.