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Grain markets were under pressure to start the week, and that has carried over into the early morning trade as we enter into the last trading day of the month. What's the reason for the price pressure?
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The grain markets were able to stage an impressive rally last week on the back of hot and dry forecasts into a long weekend.
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Grain futures prices have managed to recover from last week's pressure. Short covering ahead of a long weekend coupled with hot and dry forecasts may be adding premium back into prices.
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