Brian Grete, editor of Pro Farmer, says the grains have been rangebound and sideways awaiting the April WASDE and with not a lot of fresh news to move the markets. Cattle are trying to find a bottom.

China has initiated a new round of action to significantly increase its grain output in the coming years via an increase in planted area and yield, in the latest effort to ensure food security.

Grains continue to trade sideways looking for a catalyst to push the funds out of their short positions. Pro Farmer Editor Brian Grete says the April WASDE could provide the next piece of fresh market moving news.

Grain markets lean higher early Monday with wheat seeing a rally which is helping corn and soybeans. Kent Beadle with Paradigm Futures says live cattle are finding some support with hogs lower on profit taking.

Jon Scheve discusses historical trends to see how likely a corn rally really is.

Cattle futures were under heavy pressure on Friday, will that spill into early morning weakness or will buyers buy the dip?