11 October 2016

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  • Awaiting tomorrow’s report has been today’s feature. Soybean yield will be the main point to watch for; sub 52 bushels/acre will be seen as supportive whilst 52.5 plus will be bearish. The “dragalong” impact on the grains should not be underestimated. Other fresh input is lacking and if there was any it would probably be ignored ahead of the USDA release.