The grain markets are watching several pivotal factors this week, with money management strategies potentially being the biggest influence. Last week, China purchased about half of its grain needs from the U.S., underscoring the ongoing influence of the Chinese economy on commodity trade. South American weather is improving, leading to favorable growing conditions that may support their yields and impact global grain supply.In livestock, both live and feeder cattle have seen interest from large buyers, helping support prices in recent days. However, questions remain about the durability of this rebound; a shift in fundamentals could put pressure on prices if it were to turn negative. The cattle market’s next steps will largely depend on whether this momentum can hold.