CORN: Corn futures worked strongly higher today. Mar settled 8-3/4 higher at 6.38-1/4, in a reversal of yesterday's action. The trading range was wide between 6.25-3/4 and 6.39-1/2. Volume was heavy. Dec settled 0-3/4 higher at 5.64-1/2. The corn/soy ratio was at 0.50 vs 0.50 a week ago and 0.51 a month ago. The corn market advanced on gains in outside markets, support from higher beans and wheat and limited selling interest. Corn futures worked sideways on a general lack of fresh news. Click here to access latest futures quotations.

SOYBEANS: Soybean futures gained modestly. Mar settled 1-1/4 higher at 12.72-1/4. Trade continued yesterday's gain. Sep settled 1-1/2 higher at 12.71. Trade was active. Soybean prices were supported by strength in outside commodity markets, advances corn and wheat and advances in soy product prices. Soybean futures consolidated after 2 sessions of advances.Soy oil closed 0.17 to 0.16 higher with Mar at 54.22. Meal settled 1.10 higher across the board with Mar at 331.30. Click here for current soybean futures prices.

WHEAT: Wheat futures posted strong gains. Mar settled 11-1/2 higher at 6.44-1/2. Trade was heavy. Day trade closed near the high for the day. May was up 9 at 6.45-3/4. Chicago open interest was up 5,506 contracts. Chicago wheat was supported by a general lack of selling interest. Japan saif its wheat needs are covered into April and weekly tenders are temporarily suspended.Chicago wheat gained on KCBT and Minneapolis. KCBT Mar wheat finished 8 higher at 6.85. Minneapolis Mar finished 1-1/2 higher at 8.18-1/4. Click here for latest Chicago futures.

CATTLE: Live cattle futures for Feb closed 0.55 higher at 129.45. Aug was up 0.25 at 130.57. For the week so far the nearby month is up 0.85. Live cattle made new contract and all-time highs today on forecasts of tight supplies that could last for several years.Daily cattle kill was estimated at 118,000 compared to 131,000 year-ago. Feeder cattle for Mar ended down 0.15 at 158.45 with the day's range of 158.15 to 158.75. Aug was 0.17 lower at 163.53. For the last 3 sessions feeder cattle are up 0. 02. The steer-corn ratio based on nearby futures was 20.2 today vs 19.9 a week ago and 20.1 a month ago. Click here for CME live cattle futures prices or here for feeder cattle prices.

HOGS: Lean hog futures for Apr finished 0.60 higher at 90.42. Jul was 0.50 higher, closing at 100.35. For the last 3 sessions the nearby month is up 0.04. Estimated daily hog kill was 421,000, same as year-ago. Hog futures touched 3-month highs in some contracts. Click here for latest lean hog futures prices.

OUTSIDE MARKETS: The US dollar index was at 79.28 today, up 0.15. The dollar weakened against the euro and yen. New York stocks were losing ground late in the trading day with the DJIA off 30 at 12935, S&P 500 down 3 at 1358 and NASDAQ down 16 at 2932. Crude oil closed at $106.20, down 0.05. Precious metals were mostly higher with gold closing at $1,778, 20.30 higher. For the week so far the dollar index is up 0.09 and the Dow is down 26.