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Soybean futures are currently steady to fractionally lower after double digit gains on Turnaround Tuesday offset part of the damage from Monday. Preliminary open interest dropped -16,347contracts, confirming some short covering. Month end asset allocation adjustments will play more of a role the next couple days, along with FND for August deliveries on Friday. At least 34% of the national crop was setting pods, vs. the 5yr avg of 31% for this date. MN and ND maturity is currently way ahead of normal. A private crop consultant left his projected 2015 yield at 43.5 bpa, with the crop at 3.58 billion bushels.