Futures Close Report: 8th August 2017

Weather markets continue to dictate.  US Soybeans in critical stage for development, too much dry weather is seen as adverse to yield and so markets are firming on the drier outlook.

European Union introduced a corn import tariff for the first time in nearly three years in view of low prices linked to increased global supplies of the feed grain, in order to protect prices for domestic producers.

USDA report due Thursday 10th Aug.