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Futures Close Report 18th May 2020

China / Australia trade spat escalates with China hitting Aussie barley exports with an 80.5% anti dumping tariff.

US corn – planting 80% complete  slightly behind analyst expectations,  but well ahead of average.   Soybean planting up at 53% complete, so good progress on both key crops.    Wheat was reported at 52% good / excellent slightly down on last weeks 53%.