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Futures Close Report: 6th December 2017

Stats Canada put OSR (canola) production for Canada at 21.3 million tonnes up 8% from previous estimate.  The all-wheat harvest was seen at 30 million tonnes exceeding Statscan’s previous estimate by 10.5%

Concerns over dry conditions in Arg continue to dominate – soymeal markets have checked their rise on the overnights but forward weather forecasts will be critical over the next 3 weeks as planting window closes.

Next USDA report scheduled for next week Tuesday 12th Dec