Futures Close Report 18th Feb 2019

Brazil soybean harvest estimated complete across 36% of the planted area.   Well ahead of last season’s pace,  due in part to earlier planting and dry and hot weather in the lead up to harvest.

Australia’s wheat production fell to an 11-year low during the 2018/19 season, output totalled 17.3 million tonnes, down from 21.24 million tonnes a year earlier.