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Futures Close Report 27th March

Strategie Grains lowered its forecast for this year’s EU rapeseed harvest to 17.59 million tonnes from 17.85 million -if realised this is still 4.1% higher than last years 13 year production low of 16.89 million tonnes.

Concerns in Argentina over the flow of soybeans to crushing plants as some municipalities are restricting the flow of goods through their areas owing as worries continue over the corona virus spread.