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Futures Close Report 15th Feb 19

85% of French wheat crop reported in good / excellent condition by FranceAgrimer.  1 percentage point higher than at the same time last year.

Brazilian forecaster Safras cut their estimate for 18/19 Soybean crop from 115.71 million tonnes to 115.40 million tonnes owing to the effects of drought in some production regions.

US markets will be closed on Monday 18th Feb owing to Presidents Day national holiday.