AGRICULTURAL MARKETS OVERVIEW FOR WEDNESDAY: (5/23) We’re concerned about thinning holiday conditions already in the cattle markets, and it’s always difficult to take a grain position out over a long holiday weekend. We have a bias toward lower grains into Thursday with Friday maybe being position squaring. Cattle are already looking ahead toward the COF report on Friday. It looks like cattle could be up into the report and be lower after Memorial Day. Grains may also be up on Friday and have some follow-through into Monday night but it’s always the hardest day to play.