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Futures Close Report 30th April 2018

USDA Progress Report:

    • US corn 17% planted up from 5% last week (27% 5 year average);
    • US soybeans 5% planted up from 2% last week (5% 5 year average);
    • US winter wheat 33% good / excellent up from 31% last week (54% last year).

Market support for US corn as concerns build on the slow pace of US plantings relative to previous years.