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In Chicago, morning grain markets are showing lower prices, with corn down about five cents and wheat declining between eight to twelve cents. After recent losses, the black market is attempting a rally. While the dollar is slightly higher, recruit prices are lower, indicating a focus on grain demand. Export numbers for corn, beans, and wheat were disappointing, with corn inspections running approximately 37% below last year. Domestically, crusher coverage appears strong. This week, the market will monitor the Outlook conference, anticipating potential increases in U.S. corn, soybean, and wheat carryouts for 2023-24, influenced by planting acres and summer weather. Additionally, Brazilian farmers, currently on Carnival, are expected to resume selling beans.