In this week's Market Report...

Grains - Global grain markets are mostly being driven by the expectation of a larger new crop, with Chicago, Paris and UK new crop wheat futures falling to contract lows. In addition to the upwardly revised second Brazilian maize crop published last week, markets were also anticipating the first USDA 2019/20 new crop projections. Once released these contained a largely bearish outlook. 

Oilseeds -  New crop oilseed markets have continued to fall due to ongoing bearish news. Chicago soyabean futures (Nov-19) reached a contract low on Friday, primarily due to an increased supply outlook. Paris rapeseed futures (Nov-19) have also followed suit, dropping €2.75/t from Friday to Friday, the lowest price since mid-March.

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