Friday, January 20, 2017 10:30AM CST
South Korean imports of beef have grown as domestic supplies fall and bird flu hurts chicken purchases. U.S. beef exports have been a key beneficiary of the red meat demand.
March corn was down 1 cent, March soybeans were down 7 1/4 cents, and July Chicago wheat was down 1/2 cent.
Look for live and feeder futures to open moderately higher thanks to a combination of cash premiums and technical buying. Lean hog paper should also begin with a firm undertone, girded by short-covering and the strength of the cash index.