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Happy Father’s Day. It is a short trading week ahead due to the market being closed Wednesday for the Juneteenth holiday. The grains are called softer at the open after a bearish technical finish on Friday. In the Headlines July corn futures held on to gains of 1 1/4 cents last week. July beans were up just 1/2 cent for the week. July Chicago wheat futures lost 14 3/4 cents last week and KC July was lower by 38 1/4. June live cattle finished jumped $4.65 last week while August feeders were up $7.05. July lean hogs finished 15 cents firmer. Corn bulls were spooked by news circulating on Friday about a Chinese official saying that the government was considering measures to reduce corn imports. While it was not new for China to talk up the potential for domestic production to grow and to talk down the country’s need for imports, the comments put focus back on how much trade business China has been doing with South America. Brazilian farmers were said to be heavier sellers of corn at the end of the week as their real currency was turning weaker. It was also expected to be just a matter…

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