Grains ended lower with another risk off day, but also saw profit taking and spread unwinding after old crop corn and beans hit chart resistance.  New crop held support areas, but what is the downside risk?  Meanwhile, rain chances in HRW areas also weighed on wheat. Cattle recovered even with softer cash cattle trade, while June hogs hit another contract low.  Chip Nellinger, Blue Reef Agri-Marketing covers it all!  

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