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Futures Close Report 18th July

Farmers in Ukraine have harvested around 16.7 million tonnes of grain from the 2018 harvest and the yield averaged 3.13 tonnes per hectare, according to figures released by the Agriculture Ministry. Having completed around 38% of the total planted areas.

Dry conditions continue to be supportive to EU Wheat markets. From a UK standpoint sellers have limited appetite for fresh business at the moment with wheat harvest just around the corner.