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Grains may have room to bounce at the start of the week if outside financial markets stabilize to allow the dollar to level off. In the Headlines Global security has been tested by the Friday night attack on a concert hall in Moscow that reportedly killed at least 133 civilians. The Islamic State group claimed responsibility for the act, likely as a form of revenge against Russia’s targeting of ISIS in Syria. Vladimir Putin alleged that Ukraine was involved, something that Ukraine denies. There was a favorable shift in the forecast for South America that helped weigh on corn and soybean prices late last week. Rain was on tap for Mato Grosso and other key corn growing states in Brazil. It was expected to turn drier over the next few weeks in Argentina, where excessive rainfall had been threatening the quality of the soybean crop and delaying the start of harvest in some areas. It hurt the U.S. export outlook that the Chinese yuan fell to a four-month low against the dollar on Friday. China’s state-owned banks reportedly had to step in and support their currency. The yuan has weakened in response to growing concern over the Chinese economy and…

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