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Futures Close Report 26th July

Strategie Grains have reduced their EU OSR forecast from 17.81 million tonnes to 17.4 million tonnes, significantly lower than the 2018 production 17.81 million tonnes.

Chinese and US trade negotiators will be meeting again this week.

SovEcon has lowered its forecast for Russia’s grain exports in the new 2019/20 marketing season by 7 million tonnes to 41.9 million tonnes.