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Futures Close Report 28th Jan 2019

Abiove forecast 2019 Brazil Exports at 70.1 million tonnes – down on their previous figure of 73.9 million tonnes (Dec 18).  Forecast for Brazil 2019 Soybean crop seen at 117.9 million tonnes – down from the previous 120.9 million tonnes (Dec 19).

USDA look set to issue reports on 8th Feb – including US quarterly stocks plus a final report on 2018 production – USDA reporting has been stopped owing to the US govt shutdown.