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Grain markets linger near significant resistance, will the market be able to breakout and start another leg higher?
Headline risk continues to weigh on cattle futures. Are prices getting set to retest the lows?
Darin Newsom with Barchart says grains have had a good run on fund short covering and will need some new bullish news to keep going and get above chart resistance.
Mike Zuzulo, Global Commodity Analytics, says corn and wheat saw some profit taking after a nice rally, while soybeans powered back on export business and South American weather.
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