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Futures Close Report 03/06/21

Argentina – BAGE reported that higher than expected yields are being seen in the late planted corn as harvest progresses – although they kept their forecast unchanged at 46 million tonnes – corn harvest put at circa 34% complete whilst Soybeans were nearing 97% complete.

France – 80% of wheat crop reported in good / excellent condition unchanged on previous level, according to France Agrimer’s weekly condition report.