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Futures Close Report 6th March 2020

China soybean imports for Jan / Feb 20  were up 14.2% to 13.51 million tonnes year on year. US Markets still under pressure to sell / export more soybeans to China, which with the Brazilian export season now gathering pace rapidly may be a big ask.

Huge falls in crude oil markets this morning as the Saudi Arabia increases production to take on the higher cost producers, rest of the oil complex appears to be following at the moment.