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Futures Close Report 9th April 2018

U.S. Department of Agriculture (USDA) rated 30% of the U.S. winter wheat crop in good to excellent condition, down from 32% a week earlier and 53% a year ago  – below market analyst expectations.

Russia had exported 39.99 million tonnes of grain since the start of the 2017/18 season on 1st July, including 31.19 million tonnes of wheat according to the latest figures from Russian Ag ministry.