Futures Close Report 31st October

BAGE lowered their estimate for Argentina wheat crop in 19/20 to 18.8million tonnes from previous 19.8 million tonnes on poor weather conditions. This is the second cut this month.

French maize harvest now reported as 65% complete up from 46% last week, soft wheat planting was 54% complete up from 29% last week, but well behind average pace for the time of year.