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Futures Close Report: 10th January 2018

FranceAgriMer lowered its forecast for French soft wheat exports outside the European Union this season for a third straight month on Wednesday, predicting 9.3 million tonnes versus 9.5 million last month.  As Black Sea origins continue to dominate global export trade.

Next USDA report due on Friday –  market polls showing an expectation for an adjustment in supply figures for US soybeans, with South American harvest looming at the end of Feb, US markets could find it difficult to place.