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| Widespread harvest delays are being reported in N. Brazil & concern about flooded roads & etc.
A private report puts the latest Brazil soybean crop projection at 60.9 million tonnes, down from 62.3 million tonnes reported in September. This would also compare with the 58.5 million tones harvested in 2006/07..
The USDA crop insurance numbers will be determined this month, the average of the dec corn & nov bean settlements.
Being a new month, new money may be flowing into markets next few days & who knows where? & which direction?
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Only a few things.
