date:Oct 10, 2013
ed to support the bounce yesterday but focus of attention is quickly back on much higher than expected yields being reported by producers.
Trade estimates for the October USDA production report (which will not be released this week) were seen as supportive with average estimates reflecting a slight reduction in production from the September update due to losses in acres.
However, selling was active as traders seem to be following the producer yield estimates more closely and there is talk that