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US day ahead - October 12, 2017: USDA data & trade issues main focal points

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Negotiators in the NAFTA 2.0 talks will run through Tuesday as was signaled initially Wednesday but President Donald Trump is still signaling there may or may not be a deal and the US could end up pursuing bilaterals with Mexico and Canada as agriculture and business interests have teamed up to convince lawmakers keeping the deal in place is key. Lawmakers heard a lot about trade Wednesday beyond NAFTA. USDA's monthly updates on production and balance sheets are due today and will potentially drive market action as fall continues.


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