New crop corn and soybeans continue to crack out new contract lows.  Oliver Sloup, Blue Line Futures, says the markets are preparing for higher yields in the August WASDE and he discusses how much bearishness is priced in. However, he was disappointed better export new failed to support soybeans.  Wheat looks like its trying to bottom he says perhaps pricing in global production concerns. Cattle stage a relief rally but can the market build on it? While Sloup says hogs are choppy and rangebound.    

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