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Futures Close Report 28th February 2020

Strategie Grains has reduced its forecast for this year’s European Union rapeseed harvest to 17.85 million tonnes from 18.05 million, the revised level is still circa 5.7% higher than last years level if realised.

Harvest progress in Brazil for soybeans seen at 43% of planted area, slightly behind the 5 year average pace of 44%.